$1,399,000
Available - For Sale
Listing ID: X12066729
41-43 King Street East , Cobourg, K9A 1K6, Northumberland
| Apartment Building plus main street commercial. Superb 8% (approx.) Cap Rate in Downtown Cobourg beside Victoria Park, Victoria Beach, Heritage Harbour Marina, the Esplanade & Yacht club and all attractions. Long term tenants on month-to-month rental. New Commercial Retail Tenant on 5 year lease in a 2000 Sq Ft Commercial Space on Main Floor with Many Tall Retail Display Windows. 2 floors of apartments above. This is a fantastic Location in the Popular Tourist Destination Shopping, Dining, Professional Services district of Downtown Cobourg. A Perfect investment to add to your portfolio in the almost-filled to capacity Heritage Downtown Cobourg. Few Remaining Retail & Residential multi-unit buildings King Street Spaces left available for sale or rent. Desired rental location in the heart of downtown and access to all amenities. The VIA & 401 is a couple of blocks north for commuters. 9 units total including 1 commercial & 1 storage unit. |
| Price | $1,399,000 |
| Minimum Rental Term: | 36 |
| Taxes: | $7000.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 41-43 King Street East , Cobourg, K9A 1K6, Northumberland |
| Postal Code: | K9A 1K6 |
| Province/State: | Northumberland |
| Legal Description: | Pt Lt 7 Blk A Pl Caddy (Formerly Lt 16 C |
| Directions/Cross Streets: | Mcgill & King St E |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | T |
| Total Area: | 6178.48 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 4178 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit |
| Approximatly Age: | 51-99 |
| Sprinklers: | No |
| Washrooms: | 9 |
| Outside Storage: | F |
| Rail: | N |
| Crane: | F |
| Soil Test: | No |
| Grade Level Shipping Doors #: | 1 |
| Heat Type: | Gas Hot Water |
| Central Air Conditioning: | Partial |
| Sewers: | Sanitary |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| CENTURY 21 ALL-PRO REALTY (1993) LTD. |
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At a Glance:
| Type: | Com - Investment |
| Area: | Northumberland |
| Municipality: | Cobourg |
| Neighbourhood: | Cobourg |
| Approximate Age: | 51-99 |
| Tax: | $7,000 |
| Baths: | 9 |
| Fireplace: | N |
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