SoldMultiplex

17 Buchanan Street

Name: 17 Buchanan Street - Sold Aug 2020
Brand: RE/MAX JAZZ INC., BROKERAGE
Price: 940000 CAD
Availability: SoldOut

Cobourg - Cobourg

17 Buchanan Street

Cobourg - Cobourg

$1,100,000

Sold For$940,000

Listed For $995,000

Sold Aug 2020

8 + 2 Bedrooms Bedrooms

6 Bathrooms Bathrooms

0 Garage Garage

Description

Rare Turnkey Income Producing 6 Plex Located In Cobourg - Close To Downtown Easy Access To 401 Just North Of Via Station. There Are 4- 2 Bedroom Units & 2- 1 Bedroom Units. Tenants Pay Own Hydro (Separate Meters). Four Of Six Units Have Been Renovated Within Last 5 Years. New Roof 2020, New Boiler System In 2017, Security System 2017, New Windows In 2014, New Porch In 2015. Parking For 8 Cars. Coin Laundry For Extra Income. Vacancy Rates Very Low.

Key facts for 17 Buchanan Street

Tax$5,181.2 / 2019

Property TypeMultiplex, 2-Storey

Lot Size137.1 x 50 Feet

ParkingNone Spaces, Total 8 Spaces

Parking FeaturesPrivate

BasementApartment, Separate Entrance

Listing #X4762027

Days on Market--

Listing BrokerageRE/MAX JAZZ INC., BROKERAGE

Data SourcePROPTX

Inquire with Realtris

(866) 511-7171

info@realtris.ca

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Cash Flow Analysis

Est. Mortgage Payment

$4,859/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$2.7% net yield

Net Monthly Cash Flow-$2,340

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