Tel: 647-575-1010
Fax: 1-866-516-3444
Email: homes@nobleman.ca

$739,000
Available - For Sale
Listing ID: X12091153
390/392 Mathew Stre , Cobourg, K9A 3E8, Northumberland


Exceptional Semi-Detached Duplex in a prime downtown location, just steps from downtown, nestled near the stunning Heritage Harbour, beach and an array of restaurants and shops nearby. This property is a fantastic investment with strong cash flow and outstanding rental Income of $4108.75/mth. The property features an expansive in town lot, featuring 156 feet of frontage along Mathew St, with convenient and plentiful parking available for residents and guests. This large lot with additional space allows for ample opportunity for expansion and or possible ADU unit. Unit 390 features 2-Bedrooms, 1 bath, 1200+ sq ft of living space, greatly designed across two levels, featuring in-suite laundry and an inviting outdoor area, ideal for family living or attracting tenants. Unit 390 is currently rented for $2408.75/mth plus hydro. Unit 392 features 1-Bedroom, 1 bath, over 800+ sq ft, boasts a spacious kitchen, stylish bathroom, in-suite laundry, and a private outdoor space perfect for privacy & relaxation. Unit 390 is currently rented for $1700/mth. Seize this incredible opportunity to invest in a turn-key property, great income & 5%+ cap rate, large private outdoor spaces for each unit and sitting on a large in town lot with limitless future potential!
Price $739,000
Taxes: $4151.64
Occupancy: Tenant
Address: 390/392 Mathew Stre , Cobourg, K9A 3E8, Northumberland
Directions/Cross Streets: King St W & Mathew St
Rooms: 13
Bedrooms: 3
Bedrooms +: 0
Family Room: F
Basement: Unfinished
Washroom Type No. of Pieces Level
Washroom Type 1 4 Main
Washroom Type 2 3 Second
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Approximatly Age: 100+
Property Type: Duplex
Style: 2-Storey
Exterior: Metal/Steel Sidi
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 4
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Other Structures: Garden Shed
Approximatly Age: 100+
Approximatly Square Footage: 2000-2500
Property Features: Beach, Hospital
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
Utilities-Cable: A
Utilities-Hydro: Y
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ROUGE RIVER REALTY LTD.
Personal Picture
Shaukat Malik, M.Sc
Broker Of Record
Dir:
647-575-1010
Bus:
416-400-9125
Fax:
1-866-516-3444
 
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At a Glance:
Type: Freehold - Duplex
Area: Northumberland
Municipality: Cobourg
Neighbourhood: Cobourg
Style: 2-Storey
Lot Size: x 45.00(Feet)
Approximate Age: 100+
Tax: $4,151.64
Maintenance Fee: $0
Beds: 3
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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