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$299,000
Status: For Sale
Fully rented 4 Plex to long-term tenants in the historic town of Cobalt. Centrally located near bus stops, library, restaurants & bar. It's only a short walk to the parks and the Classic Theatre. This complex includes. 2- 2 bedrooms, 1- 1 bedroom, and 1-3 bedroom apt. Laundry hookups in 2 of the apts. Features incl. plenty of parking, and this property sits on three lots. The seller recently upgraded the insulation in the attic, added vents, and kept up with the daily maintenance of fixtures and the yearly gas furnace checkup. Vinyl siding was upgraded in 2019, and roof shingles were replaced in 2020, which is just over 42,000 dollars of rental income per year. P & L is available. Ideal to add to your real estate portfolio? This property is worth a look.
| Property Type | :Residential |
|---|---|
| MLS Number | :T10420725 |
| Listing Type | :Sale |
| Property Age | :100+ Years |
| Possession Date | : |
| Last Updated | :28 Feb, 2025 (52 Days ago) |
| Source | :TRREB |
| Area | :Timiskaming |
|---|---|
| Postal Code | : P0J 1C0 |
| Price | : $299,000 |
|---|---|
| Property Taxes | :$7824.92 |
| Tax Year | :2024 |
|---|
| Bedrooms | :8 + |
|---|---|
| No. of Rooms | :16 |
| Air Conditioning | :None |
| Heating | :Forced Air |
| Cross Street | :Lang |
| Bathrooms | :4 |
|---|---|
| Fuel | :Gas |
| Exterior Finish | :Vinyl Siding |
|---|---|
| Parking Space | :4 |
| Basement | :Unfinished |
| Garage | :None |
|---|
12 Nov, 2024
TREB #T10420725
Listed
$299,000
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