For Sale

1 James Street, Cobourg, Ontario K9A2J8

$1,425,000

1 James Street, Cobourg, Ontario K9A2J8 is For Sale and has a listing price of 1,425,000. The property is located in the Cobourg neighbourhood. It's been on the website for 273 Days.

  • Multi-family
    Property Type
  • Multi-family
    Building Type
  • MLS ID: X8092142
  • Office Name REAL ESTATE HOMEWARD
Property Description

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. (id:43137)

Property Details
  • MLS ID: X8092142
  • Price: $1,425,000
  • Transaction Types: For Sale
  • Ref ID: 26550079
  • Year Built: N/A
  • Building Type: Multi-family
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
02/25/2024 X8092142 $1,425,000 For Sale - -
02/25/2024 X8092136 $1,425,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Cobourg
  • $784,690 Average List Price
    based on 1 year
  • 87 New Listings
    based on 30 days
  • 62 Median Days on Market
    based on 1 year
  • List vs. Selling Price 78.55 % Up
  • Sold (12mo) 214
  • Rented (12mo) 90

  • 1 Month Change -6.6%
  • 3 Month Change -1.2%
  • 6 Month Change +1.0%
Walkscore
Property Type Distribution
  • All Houses
    75.38%
  • Commercial
    8.47%
  • Condo
    13.98%
  • Land for Sale
    2.18%
Additional Details
  • Heat Source Natural Gas
  • Heating System Forced Air
  • Water Municipal Water
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 25/02/2024 00:00:00
  • Zoning Y
  • Agent Name: JOHNNY PERCOLIDES
  • Last Updated: 16/10/2024 18:13:07
Open House Dates
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