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Est. payment /mo
New
49 Cobalt ST Cobalt, ON P0J 1C0
7 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Cobalt
MLS Listing ID T13748228
Style 2-Storey
Bedrooms 7
Annual Tax Amount $7,493
Tax Year 2026
Property Sub-Type Triplex
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!
Location
State ON
County Timiskaming
Area Timiskaming
Zoning R
Rooms
Family Room No
Basement Unfinished, Exposed Rock
Kitchen 3
Interior
Interior Features None
Cooling None
Inclusions 2 Sets of fridge, stove, washer & dryer (all in as-is condition).
Exterior
Exterior Feature Deck, Year Round Living
Parking Features Front Yard Parking, Private
Pool None
Roof Type Asphalt Shingle,Metal
Lot Frontage 36.0
Lot Depth 135.0
Total Parking Spaces 3
Building
Building Age 100+
Foundation Concrete Block
Others
Senior Community No
ParcelsYN Yes
Listed by CENTURY 21 TEMISKAMING PLUS BROKERAGE