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X5585151
$1,400,000

20 King St W (Division)

Price: $1,400,000

Status: For Sale 

MLS®#: X5585151

$1,400,000
  • Tax: $8,000/Annual (2021)
  • Community:Cobourg
  • City:Cobourg
  • Type:Commercial
  • Style:Investment
  • Size: 5,000 Sq Ft
  • Basement:Y
  • Age:100+ Years Old

Features:

  • HeatingGas Forced Air Closd
  • Sewer/Water SystemsMunicipal

Listing Contracted With: REAL ESTATE HOMEWARD, BROKERAGE

Description

Great Investment Opportunity In The Heart Of Downtown Cobourg On The Sunny Side And Major Intersection Where All The Action Is. Walking Distance To The Beach, High School, Parks, Marina, Etc...Renovated Second Floor Is A Must See. Third And Fourth Floors Need Renovating For Extra Income. Main Floor Business Is Also Available For Sale. Potential Rental Income From The Two Floors Alone Of More Than $6500 A Month Based On Potential Market Rents. Huge Town Parking Lot At The Back Of The Building.


Highlights

Renovated Residential Unit Has Huge Demand Of New Tenants Looking To Rent It Asap..You Might Want To Live And Work Or Live And Collect The Rent From Downstairs Or Just Collect All The Revenue From The Whole Building. So Many Options Here.

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Nell Bradshaw and Natasha Varjacic

Sales Representative & Broker

Real Estate Homeward Brokerage

Your Mother/Daughter Team