1 James Street West, Cobourg | Image 1

1 James Street West

Cobourg, Cobourg

  • Commercial

$1,425,000
For Sale

Added 8 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-6 To 12 Units

  • Zoning: R-5

  • Age: No Data

  • Taxes: 7610

  • MLS®#: X8092142

  • Days on Site: 41 Days

  • Added: Feb 25, 2024 (8 months ago)

  • Updated:

  • Last Checked: 9 hours ago

  • Listed By: REAL ESTATE HOMEWARD

OPPORTUNITIES FOR MULTI UNIT PROPERTIES CLOSE TO THE BEACH IN COBOURG WITH SOLID INCOME ARE RARE. VERY WELL MAINTAINED 6 PLEX IN THE HEART OF COBOURG WITHIN WALKING DISTANCE TO SHOPPING, RESTAURANTS, PARKS, BEACH. FULLY RENTED CURRENTLY SHOWING A GOOD INCOME AND ROOM FOR GROWTH. INDIVIDUALLY METERED FOR HYDRO AND UPDATED/RENOVATED APPARTMENTS WITH CHARACTER AND CHARM. EXCELLENT ZONING WITH MANY PERMITED USES FOR FUTURE PLANS MAKES THIS ONE A GREAT INVESTMENT FOR THE FUTURE. CONTACT THE LOCAL AUTHORITIES DIRECTLY FOR ANY INFORMATION AND DO YOUR DUE DILIGENCE BEFORE MOVING FORWARD. SERIOUS INQUIRIES ONLY PLEASE, THE TENANTS DO NOT NEED TO BE DISTURBED DAILY WITHOUT VALID REASONS. BUYERS SHOULD BE PRE APPROVED FINANCIALLY FOR THIS TYPE OF PURCHASE IN ADVANCE. IF YOU'RE LOOKING TO INVEST IN A MULTI UNIT IN COBOURG AND IN YOUR FUTURE THEN YOU WON'T WANT TO WAIT ON THIS ONE.

Extras

SOLID INCOME PROPERTY IN A GREAT LOCATION WITH ROOM FOR GROWTH AS UNITS TURNOVER. VERY HARD TO FIND A WELL MAINTAINED 6 PLEX FOR SALE IN COBOURG SO CLOSE TO LAKE ONTARIO WITH GOOD INCOME.

Property

  • Status: Sale

  • Type: Apts-6 To 12 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Cobourg

  • Community: Cobourg

  • Availability Date: IMMEDIATE

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Elevator: None

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Taxes: $7,610

  • Taxes Type: Annual

Land

  • Cross Street: Division

  • Municipality District: Cobourg

  • Parcel Number: 510940337

  • Lot Depth: 33 Feet

  • Lot Frontage: 148 Feet

  • Zoning: R-5

Commercial Specific

  • Total Area: 2500

  • Total Area Metric: Sq Ft

  • Tangible Property Included: Y

  • Lot Code: Building

  • Survey: N

  • Financial Statement: N

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Walker's Paradise

  • Daily errands do not require a car.
94 /100

Very Bikeable

  • Most errands can be accomplished on bike.
83 /100
Map of 1 James Street West, Cobourg
JK-6

Merwin Greer School

Elementary: Public
2.08 km
JK-8

St. Joseph Catholic Elementary School

Elementary: Catholic
1.84 km
JK-6

St. Michael Catholic Elementary School

Elementary: Catholic
0.17 km
JK-6

Burnham School

Elementary: Public
1.73 km
JK-8

Notre Dame Catholic Elementary School

Elementary: Catholic
1.90 km
JK-8

C R Gummow School

Elementary: Public
1.13 km
9-12

Peterborough Collegiate and Vocational School

Secondary: Public
40.49 km
9-12

Port Hope High School

Secondary: Public
11.40 km
9-12

Kenner Collegiate and Vocational Institute

Secondary: Public
37.40 km
9-12

Holy Cross Catholic Secondary School

Secondary: Catholic
38.32 km
9-12

St. Mary Catholic Secondary School

Secondary: Catholic
2.32 km
9-12

Cobourg Collegiate Institute

Secondary: Public
1.19 km

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540 Division Street, Cobourg | MLS: X8488022
For Sale
4 months ago
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  • 0 bath
  • 0 bed

540 Division Street, Cobourg, Ontario • K9A 3S4 • Cobourg

32-34 King Street West, Cobourg | MLS: X8489498
For Sale
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$1,449,000
  • 0 bath
  • 0 bed

32-34 King Street West, Cobourg, Ontario • K9A 2L9 • Cobourg

31-33 King Street West, Cobourg | MLS: X9035781
For Sale
4 months ago
$1,475,000
  • 1 bath
  • 0 bed

31-33 King Street West, Cobourg, Ontario • K9A 2M1 • Cobourg