Property Information:
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. Main 3 bed, lower 2 bed, one bath units in a great neighbourhood of the lakeside community of Cobourg which has forever had low vacancy rates. Act now! (id:27)
Building Features:
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Style:
Detached
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Building Type:
House
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Architectural Style:
Raised bungalow
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Basement Type:
N/A
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Construction Style - Attachment:
Detached
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Exterior Finish:
Brick
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Fireplace:
Yes
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Floor Space:
1100 - 1500 sqft
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Foundation Type:
Poured Concrete
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Heating Type:
Forced air
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Heating Fuel:
Natural gas
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Cooling Type:
Central air conditioning
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Appliances:
Water meter, Dishwasher, Dryer, Microwave, Two stoves
