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$ 565,000

661 Ewing Street, Cobourg, ON K9A 5N7

Cobourg, ON, K9A 5N7

MLS® Number : X12481883

5 Beds / 2 Baths / 4 Parking

Lot Front: 55.77 Feet / Lot Depth: 98.43 Feet

Description


OPPORTUNITY, OPPORTUNITY, yes, all caps. Motivated Seller. Huge price reduction. Must Sell. $60,000.00 Annual Gross Income. CAP rate is 8.2 %. Both units have their own private driveway and private entrance. Live in one and rent the other or add this income generator to your portfolio. Lower unit recently renovated and legal extra driveway added. Turnkey investment not to be missed. All the "market turmoil" makes this a safe bet for your future. If you've ever dreamed of "passive income", now is your chance. Main 3 bed, lower 2 bed, one bath units in a great neighbourhood of the lakeside community of Cobourg which has forever had low vacancy rates. Act now!

Extras


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Property Type

Detached

Neighbourhood

Cobourg

Garage Spaces

4

Property Taxes

$ 4,406

Area

Northumberland

Additional Details


Building


Bedrooms

5

Bathrooms

2

Utilities


Water

Municipal

Sewer

Sewer

Features


Kitchen

2

Family Room

No

Basement

Apartment

Fireplace

Yes

External Features


External Finish

Brick

Property Features


Cooling And Heating


Cooling Type

Central Air

Heating Type

Forced Air

Bungalows Information


Days On Market

0 Days

Rooms

Metric

Imperial


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