Immaculately maintained and modernized, this triplex nestled in Cobourg's heart offers an exceptional investment opportunity, Lucrative Gross Income of $58,080/Year. Each unit has been meticulously updated, ensuring a hassle-free experience for both owner and tenants. Units 2 & 3 boast separate hydro meters, promoting tenant independence. With cozy one-bedroom layouts tailored to modern lifestyles, residents enjoy comfortable living spaces. The shared basement provides laundry facilities and ample storage. Key upgrades, including a forced-air gas furnace installed in 2016 and recently replaced shingles in 2017. The property features copper plumbing and wiring with a 200-amp service, promising reliability for years to come. Sitting on a spacious lot measuring 71' x 142', tenants have their own outdoor spaces for privacy and community enjoyment. Parking is abundant, catering to the needs of both residents and visitors. Full Financials Available upon request
Property Features
- Date Listed: Thursday, June 13, 2024
- Virtual Tour: View Virtual Tour for 433 Cottesmore Avenue
- City: Cobourg
- Neighborhood: Cobourg
- Major Intersection: University Ave E / D'Arcy St
- Full Address: 433 Cottesmore Avenue, Cobourg, K9A 4E4, Ontario, Canada
- Living Room: Main
- Kitchen: Updated, Tile Floor
- Living Room: Updated, Laminate
- Kitchen: Updated, Tile Floor
- Living Room: Updated, Laminate
- Listing Brokerage: Century 21 Leading Edge Realty Inc. - Disclaimer: The information contained in this listing has not been verified by Century 21 Leading Edge Realty Inc. and should be verified by the buyer.