41-43 KING STREET E
Cobourg, Ontario, K9A1K6
For Sale | class="container" id="details-container",745,000 | 9 baths
Key facts
- Property type: Multi-family
- Transaction: For Sale
- Price: class="container" id="details-container",745,000
- Bathrooms: 9
- Interior size: 6,178 sqft
- Lot size: Bldg=37.99 x 162.36 FT ; 37.33fx 165.62 ft x 37.33 ft x 165.72 ft
- Parking: 6
- Listing key: 29693838
Listing overview
Don't miss your chance to add this high-performing asset to your portfolio. With very limited available space left on King Street & new developments under proposal review for infill, this is the perfect timing for an opportunity to invest in a thriving and growing downtown core. Tenants are drawn to the highly walkable area with access to all essential amenities. This is a fantastic income asset. A turnkey Investment opportunity in supreme Location by the beach/lakefront. Invest in the heart of Downtown Cobourg, one of Ontario's most sought-after tourist destinations & growing lifestyle communities. 100KM to Toronto. Superior Location for this fully tenanted 9-unit Mixed-Use Brick apartment building with 1 Unit a 2000 sq ft Commercial Storefront. Very Successful Commercial business occupies the space on a 5-year lease(expires Oct 31, 2030) Attractive Cap Rate. Approx. 7.5% return. Solid...

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