3 Beds 2 Bath

661 Ewing Street, Cobourg, ON K9A 5N7

Cobourg K9A 5N7 Ontario

MLS: X12295110

$580,000

Added 19 days ago | For Sale

Listed by: ROYAL SERVICE REAL ESTATE INC.

About Property

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. Both 3 bed, one bath units in a great neighbourhood of the lakeside community of Cobourg which has forever had low vacancy rates. Act now!

Features

  • House Style:Detached
  • Bathrooms:2
  • Land Size: 55.77 X 98.43
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Kerr
  • Basement:Apartment,Separate Entrance , Apartment,Separate Entrance
  • Possession Date:
  • Annual Property taxes: $4407
  • Bedrooms:3 +3
  • Total Parking Spaces:4
  • Parking Places:4
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:West
  • Front Footage:
  • Listing ID:X12295110

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