Cobourg - Cobourg
Cobourg - Cobourg
Listed For $799,000
Get Pre-approvedSuspended Jul 2023
Opportunity knocks! High income investment! Over 5000 sqft building with 3 separate hydro meters. Fully occupied, Main Floor consist 2 offices. 2nd & 3rd floor consist a 4 bedroom 3 baths apartment unit has a separate entrance with indoor access! Zoned R4 (Multiple Residential) ! Extra storage in the basement. Plenty of parking spaces at the back of the building. Fully leased, Total Gross income approximately $76,892.36/year, Total Expenses approximately $23,248.93/year, Current Net Income $53,643.43/year over 6.5% return. Buyer is advised to do their own due diligence. (31930206)
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