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Tina Larsen

tina@larsenrealtyteam.com +1(416) 676-8598

$ 600,000

Est. payment -/mo

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661 Ewing ST Cobourg, ON K9A 5N7

6 Beds

2 Baths

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision Cobourg

MLS Listing ID X12295110

Style Bungalow

Bedrooms 6

Building Age 16-30

Annual Tax Amount $4,407

Tax Year 2024

Property Sub-Type Detached

Property 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. 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!

Location

Province ON

County Northumberland

Community Cobourg

Area Northumberland

Zoning R2

Rooms

Family Room No

Basement Apartment, Separate Entrance

Kitchen 2

Separate Den/Office 3

Interior

Interior Features Water Meter, Water Heater

Cooling Central Air

Fireplaces Number 1

Inclusions 2 stoves, 2 fridges, 2 washers, 2 dryers, 1 microwave, 1 dishwasher.

Exterior

Parking Features Private Double, Other, Lane

Pool None

Roof Type Asphalt Shingle

Lot Frontage 55.77

Lot Depth 98.43

Total Parking Spaces 4

Building

Foundation Poured Concrete

Others

Senior Community No

ParcelsYN No

Listed by ROYAL SERVICE REAL ESTATE INC.