Quick Summary
Quick Summary
- Beachfront downtown location
- Income generating property
- Commercial and residential units
- Private and town parking available
- Recent updates and repairs
- Long term commercial lease
- Good rental income history
- Low cost utilities and insurance
Great opportunity to buy in downtown Cobourg. Close to beach, 401, and right in the heart of Cobourg. Two apartments rented one bedroom apt $1750 plus water, heat, hydro, 2nd apartment is 2 floors, 2 bedrooms,$1275 per month plus water,heat and hydro, Office space on main floor currently rented $2718.36 with lease until Nov. 1 ... Show More
Great opportunity to buy in downtown Cobourg. Close to beach, 401, and right in the heart of Cobourg. Two apartments rented one bedroom apt $1750 plus water, heat, hydro, 2nd apartment is 2 floors, 2 bedrooms,$1275 per month plus water,heat and hydro, Office space on main floor currently rented $2718.36 with lease until Nov. 1 2024 Water paid by landlord for office, individually metered for heat and hydro. Tenants in apartments pay water. Town parking lot behind the building plus private parking space for tenants Part basement Repair needed for ground to 1st floor staircase at back of building **** EXTRAS **** Insurance costs $4579.68 through CommonWealth Water Bill for commercial unit is approx $25 per month New sump pump 2023, South Facing metal roof replacement , Second floor apt. electrical update and new washer dryer, new fridge (id:54626)
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