For Sale: 49 Cobalt Street, Cobalt, ON - REW
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$139,900
7 bd 3 ba 2000 - 2499 sf Multifamily

49 Cobalt StreetCobalt, ON, P0J 1C0

  • 7 Bed
  • 3 Bath
  • 2000 - 2499 Sqft
  • Multifamily

About this home

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! (id:63626)
Listed by: Daniel Goudreault, Salesperson, CENTURY 21 TEMISKAMING PLUS BROKERAGE

Home facts and features

Price details
List Price
Gross Taxes for 2025
$7,493
Home facts
Bedrooms
7
Full Bathrooms
3
Parking Spaces
3
Parking Details
No Garage
Property Type
Multifamily
Lot Size
36 ft x 135 ft (4860 ft²)
Depth
135 feet
Frontage
36.0 feet
Exterior Finish
Wood, Vinyl siding
Heating Type
Radiant heat, Forced air, Natural gas
Basement Details
Unfinished,
Features
Sloping
Appliances
Dryer, Refrigerator, Stove, Washer
Agent details
Primary Agent
Primary Broker
CENTURY 21 TEMISKAMING PLUS BROKERAGE
Listing details
Days on REW
4 Days
MLS® Number
T13748228
Source
Canadian Real Estate Association
Board
Timmins, Cochrane & Timiskaming District Association of REALTORS®
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Saint Patrick School
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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