SoldFourplex

389-391 Margaret Street

Name: 389-391 Margaret Street - Sold May 2024
Brand: ROYAL LEPAGE FRANK REAL ESTATE
Price: 850000 CAD
Availability: SoldOut

Cobourg - Cobourg

389-391 Margaret Street

Cobourg - Cobourg

Sold For$850,000

Listed For $924,900

Sold May 2024

6 + 5 Bedrooms Bedrooms

4 Bathrooms Bathrooms

0 Garage Garage

Description

Great investment opportunity in convenient Cobourg location backing onto the Cobourg Creek creating a private, peaceful rear yard! This 4 plex property offers three 3 bedroom units and one 2 bedroom unit with two driveways offering plenty of tenant parking. All units have separate entrances, private in suite laundry, separate meters and are fully equipped with fridge, stove, washer & dryer. Tenants pay their own heat & hydro. Fully tenanted.

Key facts for 389-391 Margaret Street

Tax$3,900 / 2023

Property TypeFourplex, 2-Storey

Lot Size105.88 x 109.9 Feet

ParkingNone Spaces, Total 8 Spaces

Parking FeaturesPrivate Double

BasementFinished, Finished with Walk-Out

Listing #X8207764

Days on Market--

Listing BrokerageROYAL LEPAGE FRANK REAL ESTATE

Data SourcePROPTX

Inquire with Realtris

(866) 511-7171

info@realtris.ca

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Home Price

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Cash Flow Analysis

Est. Mortgage Payment

$4,516/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$3.1% net yield

Net Monthly Cash Flow-$1,891

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Inquire with Realtris

(866) 511-7171

info@realtris.ca

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