144 King Street W, Cobourg, ON

$2,550,000

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About 144 King Street W

Exceptional fully renovated mixed-use 12-plex in the heart of Cobourg, Ontario. This turnkey property features 4 commercial units and 8 residential units, all with separate water and hydrometers, allowing tenants to pay their own utilities. Recent top-to-bottom upgrades ensure low maintenance and high appeal for current and potential tenants. Positioned in a desirable location, this property is a strong performer with exceptional income and low expenses. Additional revenue streams can be tapped from possible laundry and parking facilities. With Cobourg's growing market, this investment offers both immediate returns and future upside. Seize this rare opportunity to add a premier asset to your portfolio. Improvements include: new Mansard roof, fascia, all new pluming and electrical, all hydro and water meters separated, all new residential interior finishes and all new custom windows, with fire shutters on egress windows. Hundreds of thousands in upgrades! Please note that photos are from the prior listing - middle front commercial tenant is now Cobourg Fades. Some still photos and iGuide from prior to some residential tenants and central front commercial tenant moving in.

Features of 144 King Street W

MLS® # X12887826
Price $2,550,000
Bathrooms 0.00
Type Commercial
Sub-Type Investment
Status Active

Community Information

Address 144 King Street W
Area Northumberland
Subdivision Cobourg
City Cobourg
Province ON
Postal Code K9A 2M5

Amenities

Garages None
Is Waterfront No

Interior

Heating Baseboard
Cooling No
Fireplace No

Listing Details

OfficeRE/MAX Jazz INC.

Listing Map

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