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$795,000
Status: For Sale
This prime investment opportunity presents a meticulously maintained and modernized triplex in the heart of Cobourg. Each unit has been extensively updated, providing a hassle-free experience for both property owners and tenants. All three units feature separate hydro meters, giving tenants full independence over their utilities. The cozy one-bedroom units are ideal for modern living, offering comfortable and efficient spaces. The shared basement includes laundry facilities and ample storage. Key upgrades include a forced-air gas furnace (installed in 2016) and new shingles (added in 2017), ensuring energy efficiency and lower maintenance costs. The property is equipped with copper plumbing and a 200-amp electrical service, providing reliability and safety. Situated on a spacious 71' x 142' lot, tenants enjoy private outdoor spaces and shared community areas for relaxation. Ample parking is available for residents and visitors alike. With a net rent of $4,565 per month, this property promises solid returns for investors.
| Property Type | :Residential |
|---|---|
| MLS Number | :X9397625 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :25 Oct, 2024 (13 Days ago) |
| Source | :TRREB |
| Area | :Northumberland |
|---|---|
| Postal Code | :
K9A 4E4
|
| Price | : $795,000 |
|---|---|
| Property Taxes | :$3553.00 |
| Tax Year | :2024 |
|---|
| Bedrooms | :3 + |
|---|---|
| No. of Rooms | :9 |
| Air Conditioning | :Wall Unit |
| Heating | :Forced Air |
| Place of Worship | :No |
| Cross Street | :University Ave E / D'Arcy St |
| Bathrooms | :3 |
|---|---|
| Fuel | :Gas |
| Fireplace/Stove | :No |
| Kitchen | :3.05 m x 1.83 m |
|---|---|
| Bathroom | :1.83 m x 2.13 m |
| Kitchen | :3.66 m x 1.83 m |
| Bathroom | :2.44 m x 1.83 m |
| Kitchen | :3.05 m x 2.13 m |
| Prim Bdrm | :3.05 m x 4.27 m |
| Prim Bdrm | :2.44 m x 2.14 m |
|---|---|
| Living | :3.05 m x 4.50 m |
| Prim Bdrm | :1.83 m x 2.13 m |
| Living | :3.05 m x 4.27 m |
| Living | :2.44 m x 1.83 m |
| Bathroom | :3.05 m x 4.49 m |
| Exterior Finish | :Vinyl Siding |
|---|---|
| Parking Space | :4 |
| Basement | :Full |
| Garage | :None |
|---|
25 Oct, 2024
TREB #X9397625
Price Change, Available
$795000.0
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$795,000
433 Cottesmore Ave, Northumberland, Ontario
Listing ID #X9397625
Price drop by $53,800
Price drop by $53,800