29 King Street E Cobourg, Ontario K9A 2M1
$750,000
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. (id:49269)
Business
| BusinessType | Residential |
| BusinessSubType | Apartments |
Property Details
| MLS® Number | X12151686 |
| Property Type | Multi-family |
| Community Name | Cobourg |
Building
| Appliances | Dryer, Stove, Washer, Refrigerator |
| HeatingType | Baseboard Heaters |
| SizeInterior | 3388 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 165 Ft |
| SizeFrontage | 33 Ft |
| SizeIrregular | 33.03 X 165.02 Ft |
| SizeTotalText | 33.03 X 165.02 Ft |
| ZoningDescription | Mc |
https://www.realtor.ca/real-estate/28319390/29-king-street-e-cobourg-cobourg
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May 15 2025 07:23:41
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