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$ 299,000
Est. payment | /mo
8 Beds
4 Baths
0.5 Acres Lot
$ 299,000
Est. payment | /mo
8 Beds
4 Baths
0.5 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID T10420725
Style 3-Storey
Bedrooms 8
Annual Tax Amount $7,824
Tax Year 2024
Lot Size 0.500 Acres
Property Description
Fully rented 4 Plex to long-term tenants in the historic town of Cobalt. Centrally located near bus stops, library, restaurants & bar. Only a short walk to parks and the Classic Theatre. This complex includes. 2- 2 bedrooms, 1- 1 bedroom, and 1-3 bedroom apt. All have laundry hookups. Features incl. plenty of parking and this property sits on 3 lots. The seller recently upgraded the insulation in the attic, added vents, and kept up with the daily maintenance of fixtures and the yearly gas furnace checkup. Vinyl siding was upgraded in 2019, and roof shingles were replaced in 2020. Just over 42,000 of rental income per year. P & L is available. Ideal to add to your real estate portfolio? This property is worth a look.
Location
Province ON
County Timiskaming
Area Timiskaming
Zoning R2
Rooms
Family Room No
Basement Unfinished
Kitchen 4
Interior
Interior Features Upgraded Insulation
Cooling None
Inclusions 4 fridges, 4 stoves, 1 washer & dryer in Apt. 1
Exterior
Parking Features Available
Garage Spaces 4.0
Pool None
Roof Type Shingles
Lot Frontage 119.0
Lot Depth 56.0
Total Parking Spaces 4
Building
Foundation Unknown
Listed by ROYAL LEPAGE BEST CHOICE REALTY
GET MORE INFORMATION
Melissa, Maria & Amanda 3rd Ave Realty Team
Realtor | License ID: 4769738
+1(705) 888-0860 | info@thirdavenue.ca