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List Price: $750,000

29 King Street, Cobourg, K9A 2M1

- By RE/MAX JAZZ INC.
Investment|MLS - #X12151686|New
Bed
Bath
3388 Sqft.
None Garage

Client Remarks

Rare opportunity to own a mixed-use fourplex in the heart of downtown Cobourg! This stunning property features 1 commercial unit and 3 residential apartments just steps from the beach, Victoria Park, and Cobourg's vibrant shops and restaurants. The entire main floor is zoned commercial offering flexibility to convert the rear main unit back to commercial use if desired(total 1,308 sqft per MPAC).Current configuration includes two 1-bedroom units, one 2-bedroom unit, and one commercial space. Excellent tenants in place, some units paying their own hydro. Onsite parking for up to 4vehicles. With its prime location, solid income, and future flexibility, this property stands out as one of the best-priced fourplexes available especially in such a high-demand downtown location. An ideal addition to any investors portfolio with long-term upside and walkable appeal.***MOTIVATED SELLER Opportunity to bundle multiple listings for a better CAP and price. See MLS listings X12151686, X12151707, X11893749, X12151667. Willing to sell these 27 units at an overall reduced price.
Property Description

29 King Street, Cobourg, K9A 2M1

Property type

Investment

Lot size

N/A acres

Style

Approx. Area

3388 Sqft

Home Overview

Last check for updates

Virtual tour

N/A

Basement information

Building size

3388

Status

In-Active

Property sub type

Maintenance fee

$N/A

Year built

2024

satellite view
Walk around the neighborhood
29 King Street, Cobourg, K9A 2M1
Nearby Places
Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Commercial PropertiesProperty Management

Mortgage Information

Estimated Payment

$0 Principal and Interest

walking  Walk Score for 29 King Street

Default Agent

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