7
259 Division St
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$2,580,000 List $2,580,000 -
Sold on: 572 days ago
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Key Facts
Key facts for 259 Division St
Property Type
Commercial
Parking
Plaza
MLS #
X7220820
Size
-
Basement
Y
Listed on
-
Lot size
100 x 165.00
Tax
$29,673.30 /yr
Days on Market
-
Approximate Age
31-50
Maintenance Fee
-
Description
Downtown Cobourg mixed-use plaza! This corner property features 4 commercial units and 6 residential units (3 x 2 bdrm 3 x 1 bdrm). Long term stable commercial anchor tenants. Excellent curb appeal with over 100 ft of frontage on Division St , Easy management either continue with current management ...company or manage it yourself. Total of 21 parking spaces (17 owned and 4 leased from the Town) and backs onto Cobourg downtown free municipal parking lot. Solid brick constructions with basements for potential income opportunity. Stabilized net income over $12K a month. Seller would consider financing to qualified buyer with a sufficient downpayment. The Listing Agent will be doing collective showings. **** Extras **** 2 of the 6 residential units recently updated collecting higher rents. Potential to continue to improve income on the remaining 4 residential units
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Courtesy of: SUTTON GROUP-ADMIRAL REALTY INC.