41-43 KING STREET E Active

Cobourg,ON K9A1K6

$ 1399000

- Bed

9 Baths

6178 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,178 sqft

Price per Sqft $226

Subdivision Cobourg

MLS Listing ID X12066729

Originating Board Central Lakes Association of REALTORS®

Property Description

Apartment Building plus main street commercial. Superb 8% (approx.) Cap Rate in Downtown Cobourg beside Victoria Park, Victoria Beach, Heritage Harbour Marina, the Esplanade & Yacht club and all attractions. Long term tenants on month-to-month rental. New Commercial Retail Tenant on 5 year lease in a 2000 Sq Ft Commercial Space on Main Floor with Many Tall Retail Display Windows. 2 floors of apartments above. This is a fantastic Location in the Popular Tourist Destination Shopping, Dining, Professional Services district of Downtown Cobourg. A Perfect investment to add to your portfolio in the almost-filled to capacity Heritage Downtown Cobourg. Few Remaining Retail & Residential multi-unit buildings King Street Spaces left available for sale or rent. Desired rental location in the heart of downtown and access to all amenities. The VIA & 401 is a couple of blocks north for commuters. 9 units total including 1 commercial & 1 storage unit. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Hot water radiator heat

Cooling Partially air conditioned

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 6

Private Pool No

Building

Sewer Sanitary sewer

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