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$600,000
Available - For Sale
Listing ID: X12295110
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!
Price $600,000
Taxes: $4,407
Assessment Year: 2024
Occupancy by: Tenant
Address: 661 Ewing Stre , Cobourg, K9A 5N7, Northumberland
Acreage: < .50
Directions/Cross Streets: Kerr
Rooms: 7
Rooms +: 7
Bedrooms: 3
Bedrooms +: 3
Washrooms: 2
Family Room: F
Basement: Apartment
Separate Ent
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  3 Lower
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4 Main
Washroom 7:  3 Lower
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Property Type: Detached
Style: Bungalow
Exterior: Brick
Garage Type: None
(Parking/)Drive: Private Do
Drive Parking Spaces: 4
Park #1
Parking Type: Private Do
Park #2
Parking Type: Private Do
Park #3
Parking Type: Other
Pool: None
Other Structures: Garden Shed
Approximatly Age: 16-30
Approximatly Square Footage: 1100-1500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: Y
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
Utilities-Cable: A
Utilities-Hydro: Y
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL SERVICE REAL ESTATE INC.

661 Ewing Stre , Cobourg, K9A 5N7, Northumberland


 
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At a Glance:
Type: Freehold - Detached
Area: Northumberland
Municipality: Cobourg
Neighbourhood: Cobourg
Style: Bungalow
Lot Size: x 98.43(Feet)
Approximate Age: 16-30
Tax: $4,407
Maintenance Fee: $0
Beds: 3+3
Baths: 2
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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