This prime investment opportunity presents a meticulously maintained and modernized triplex in the heart of Cobourg. Each unit has been extensively updated, providing a hassle-free experience for both property owners and tenants. All three units feature separate hydro meters, giving tenants full independence over their utilities. The cozy one-bedroom units are ideal for modern living, offering comfortable and efficient spaces. The shared basement includes laundry facilities and ample storage. Key upgrades include a forced-air gas furnace (installed in 2016) and new shingles (added in 2017), ensuring energy efficiency and lower maintenance costs. The property is equipped with copper plumbing and a 200-amp electrical service, providing reliability and safety. Situated on a spacious 71' x 142' lot, tenants enjoy private outdoor spaces and shared community areas for relaxation. Ample parking is available for residents and visitors alike. With a net rent of $4,565 per month, this property promises solid returns for investors. **** EXTRAS **** Full financials are available upon request showcasing the property's strong potential for investment returns. This triplex represents an excellent opportunity for investors seeking a well-maintained, modern property in a desirable location. (id:2493)
Data was last updated October 22, 2024 at 12:45 PM (UTC)
Area Statistics
Listings on market:
161
Avg list price:
$799,000
Min list price:
$329,000
Max list price:
$2,598,000
Avg days on market:
32
Min days on market:
1
Max days on market:
291
Avg price per sq.ft.:
$346.36
These statistics are generated based on the current listing's property type
and located in
Cobourg. Average values are
derived using median calculations.
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