Description
Fully rented tri-plex in a convenient downtown location, it's an excellent opportunity to add an affordable income property to your portfolio grossing a little over $39,825/yr in rents. The building offers two 3-bedroom units and one 1-bedroom unit, all currently rented with utilities included. Each unit features its own fridge, stove, washer and dryer. Recent improvements include a furnace (2019), new tin roof on second floor and rear siding (2019), and newer tin on the stairwell serving Unit #3 (2020). The building could use some TLC and is priced accordingly. The property also features a 40x36 vacant lot that could be cleared for more parking. Currently, there is one off-street parking space plus two street-side spaces. A solid investment opportunity for the right buyer! (id:13843)
Details
| MLS # | T13748228 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 50 |
| Listing Provided By | CENTURY 21 TEMISKAMING PLUS BROKERAGE | Daniel Goudreault |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,000 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | R |
Interior
| Cooling | None |
|---|---|
| Heating | Radiant heat, Forced air, Natural gas |
| Appliances | Washer, Refrigerator, Stove, Dryer |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Sloping |
|---|---|
| Foundation Details | Block |
Parking
| Parking Features | No Garage |
|---|---|
| Parking Total | 3 |
Utilities
| Utilities | Sewer, Electricity, Cable |
|---|---|
| Sewer | Sanitary sewer |
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 7493.28 |
|---|---|
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| City | Cobalt |
| Postal Code | P0J1C0 |
| Listing VS Median (in P0J1C0) | |
Price: $139,900 low | high Med: $294,500 sqft: 2,000 low | high Med: 8,800 $ / sqft: $70 low | high Med: $33 On site: 50 low | high Med: 94 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Cobalt |
| Postal Code | P0J1C0 |
| Listing VS Median (in P0J1C0) | |
Price: $139,900 low | high Med: $294,500 sqft: 2,000 low | high Med: 8,800 $ / sqft: $70 low | high Med: $33 On site: 50 low | high Med: 94 | |
