SoldMultiplex

259 Division Street

Name: 259 Division Street - Sold Jul 2015
Brand: ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
Price: 1400000 CAD
Availability: SoldOut

Cobourg - Cobourg

259 Division Street

Cobourg - Cobourg

Sold For$1,400,000

Listed For $1,500,000

Sold Jul 2015

7 Bedrooms Bedrooms

8 Bathrooms Bathrooms

0 Garage Garage

Description

Prime Investment Opportunity In Cobourg. Downtown Mixed Use Multiplex Building In Very Good Condition. Purpose-Built With Office/Retail On Main Floor And Residential Apartments At Rear And Above (Currently 5 Commercial Units, 5 Residential Units). New Membrane Roofs In 2003 & 2008. Great 7.5% Cap Rate; Excellent Anchor Tenants.

Key facts for 259 Division Street

Tax$26,335 / 2014

Property TypeMultiplex, 2-Storey

Lot Size167 x 99 Feet

Parking FeaturesPrivate

BasementPartial Basement

Listing #X3189499

Days on Market--

Listing BrokerageROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE

Data SourcePROPTX

Inquire with Realtris

(866) 511-7171

info@realtris.ca

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Cash Flow Analysis

Est. Mortgage Payment

$7,325/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$0.4% net yield

Net Monthly Cash Flow-$6,569

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(866) 511-7171

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