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Royal LePage
Royal LePage
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$1,179,000

Cobourg ON, K9A 1L2

MLS® # X12605068

Property Information:

A special multi unit investment opportunity in the "heart" of downtown Cobourg, history transformed what once was an original Baptist Church constructed in 1956, peacefully tucked along King Street. Now a legal 4plex, this property offers a multitude of uses, whether you desire multi generational living, or utilized as an investment/income generating property it's all up to your imagination! Comprising two MAIN floor units, loft style, uniquely designed for an inviting and unique space that welcomes you immediately. Two LOWER units, one more expansive with seperate entrances for all 4 units, ample parking and all of the old world charm of this beautifully in tack full brick building. A lovely location for the consideration of possible short term rental, enjoy a short walk to the Cobourg Beach and Marina, parks, locate eateries, grocery market and all of the additional beauty of this location and all the history that surrounds. A must view to appreciate, this multi unit property feels much like the comforts of a traditional home and could easily accommodate something that suits your own families personal needs. Excellent revenue, additional details and property features available to prospective buyers, a great way to get a better understanding of all the opportunity that lives within this piece of Cobourg's history books! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Air Conditioning: Yes
  • Amenities: Separate Hydro Meters, Separate Heating Controls
  • Basement Development: Finished
  • Basement Type: N/A
  • Exterior Finish: Brick
  • Fire Protection: Smoke Detectors
  • Fireplace: Yes
  • Floor Space: 3500 - 5000 sqft
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Window air conditioner

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 4+2
  • Bathrooms: 5
  • Half Bathrooms: 1
  • Amenities Nearby: Marina, Public Transit
  • Community Features: School Bus
  • Features: Flat site, Lighting
  • Floor Space (approx): 3500 - 5000 Square Feet
  • Irregular: Yes
  • Landscape Features: Landscaped
  • Lot Depth: 148.8 Feet
  • Lot Frontage: 64.8 Feet
  • Lot Size: 64.9 x 148.9 FT
  • Structure Type: Patio(s)
  • Utility Type: Cable - Available, Hydro - Installed, Sewer - Installed
  • Zoning: R5-7H
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 6

Courtesy of: BOSLEY REAL ESTATE LTD.

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 131 KING STREET E, Cobourg, Ontario, K9A 1L2

Demographic Information of 131 KING STREET E, Cobourg, Ontario, K9A 1L2

Life Stage

Later Years

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$134,451.95

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.5 %

High school certificate or equivalent

27.55 %

Apprenticeship trade certificate/diploma

5.55 %

College/non-university certificate

23.85 %

University certificate (below bachelor)

1.93 %

University Degree

22.63 %

Commuter

Travel To Work

By Car

70.45 %

By Public Transit

0.1 %

By Walking

21.31 %

By Bicycle

0.01 %

By Other Methods

8.13 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

58.71 %

Houses

41.29 %

Own Vs. Rent

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