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:53156)
| Business Type | Residential |
| Business Sub Type | Apartments |
| MLS® Number | X12151686 |
| Property Type | Multi-family |
| Community Name | Cobourg |
| Appliances | Dryer, Stove, Washer, Refrigerator |
| Heating Type | Baseboard Heaters |
| Size Interior | 3,388 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 165 Ft |
| Size Frontage | 33 Ft |
| Size Irregular | 33.03 X 165.02 Ft |
| Size Total Text | 33.03 X 165.02 Ft |
| Zoning Description | Mc |
https://www.realtor.ca/real-estate/28319390/29-king-street-e-cobourg-cobourg
Anita Bongers-Lewis
Broker
(905) 728-1600
(905) 436-1745
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Sales Representative
Royal LePage Edmonds & Associates
P: 613.401.4267
