49 Cobalt Street, Cobalt, Ontario P0J1C0

Listing courtesy of CENTURY 21 TEMISKAMING PLUS BROKERAGE.

$139,900
7
BD
3
BA

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List Price
$139,900
Status
ACTIVE
Days on Market
9
MLS® #
TimminsCochraneTimiskamingDistrictAssociationofREALTORS-T13748228
Bedrooms
7
Bathrooms
3
Subdivision
Cobalt
Neighborhood
Cobalt
MLS Area Major
Cobalt

Property 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:5764)

Additional Information

Exterior Features
Wood, Vinyl siding
Taxes
$7,493
Community Features
Cobalt
Appliances
Washer, Refrigerator, Stove, Dryer
Heating
Radiant heat, Forced air, Natural gas
Air Conditioning
None
Stories
2
Foundation
Block
Parking Features
No Garage

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Calculator source: Real Geeks