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:4069)
Address
433 COTTESMORE AVENUE
List Price
$649,900
Property Type
Single Family
Type of Dwelling
House
Area
Ontario
Sub-Area
Cobourg
Bedrooms
3
Bathrooms
3
Lot Size
74.27 x 143.7 FT Ac.
MLS® Number
X11982749
Listing Brokerage
CENTURY 21 LEADING EDGE REALTY INC.
Basement Area
Full
Postal Code
K9A4E4
Features
Carpet Free, In-Law Suite
Amenities
Separate Electricity Meters
