433 Cottesmore Avenue, Cobourg, Ontario K9A 4E4 (27842701)

$650,000

This prime investment opportunity presents a meticulously maintained and modernized triplex in the heart of Cobourg. Each unit has been extensively updated, offering a hassle-free experience for property owners and tenants alike. With separate hydrometers, tenants enjoy full independence over their utilities, and the cozy one-bedroom units provide comfortable and efficient living spaces. The shared basement includes laundry facilities and ample storage. Key upgrades, such as a forced-air gas furnace (2016), new shingles (2017), copper plumbing, and a 200-amp electrical service, ensure energy efficiency, reliability, and low maintenance costs. Situated on a spacious 71' x 142' lot, the property features private outdoor spaces, shared community areas, and ample parking for residents and visitors. Generating a net rent of $4,658 per month, this triplex offers an exceptional return on investment. Floor plans are attached for your review. **EXTRAS** TRIPLEX., 3 updated single bedroom units. Unit 1: $1125/month Units 2: $1733/Month Unit 3: $1800/month all units have separate hydro meters. Unit 3 is currently vacant for easy showings. (id:54662)

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