234 King Street E Cobourg, Ontario K9A 1L6
$985,000
Discover the perfect addition to your portfolio with this beautifully maintained triplex, ideally located just a short stroll from Cobourg's renowned beach, vibrant downtown, picturesque parks, and popular restaurants.This property features three charming two-bedroom apartments, each designed for comfort and character, with original hardwood flooring adding timeless appeal. Fully tenanted, this is a true turnkey investment offering immediate and consistent rental income. Recent updates provide added peace of mind, including new water and sewer lines completed in 2024. With ample parking and R5 zoning, the property also presents exciting potential for future growth and development.The main-floor apartment currently rents for $2,000 per month, the lower unit rents for $1,150 per month, and the upper unit rents for $1,900 per month. Don't miss your chance to secure a prime Cobourg investment that combines strong income, long-term potential, and an unbeatable location. (id:48469)
Property Details
| MLS® Number | X12479081 |
| Property Type | Multi-family |
| Community Name | Cobourg |
| EquipmentType | Water Heater |
| Features | Flat Site, Sump Pump |
| ParkingSpaceTotal | 7 |
| RentalEquipmentType | Water Heater |
| Structure | Deck |
Building
| BathroomTotal | 3 |
| BedroomsAboveGround | 4 |
| BedroomsBelowGround | 2 |
| BedroomsTotal | 6 |
| Age | 51 To 99 Years |
| Appliances | Water Meter, Stove, Refrigerator |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| CoolingType | Wall Unit |
| ExteriorFinish | Brick |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Radiant Heat |
| StoriesTotal | 2 |
| SizeInterior | 1500 - 2000 Sqft |
| Type | Triplex |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 196 Ft |
| SizeFrontage | 45 Ft |
| SizeIrregular | 45 X 196 Ft |
| SizeTotalText | 45 X 196 Ft |
| ZoningDescription | R5 |
https://www.realtor.ca/real-estate/29025880/234-king-street-e-cobourg-cobourg
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March 16 2026 11:49:51
Durham Region Association of REALTORS®
RE/MAX Rouge River Realty Ltd.