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Cobalt,ON P0J 1C0
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Cobalt
MLS Listing ID T12314131
Style Bungalow
Bedrooms 11
Building Age 51-99
Annual Tax Amount $4,854
Tax Year 2025
Property Sub-Type Fourplex
Appx SqFt 2000-2500
Property Description
Well-built, purpose-designed four-plex, an excellent addition to any investment portfolio! Constructed with durability in mind, this solid building features concrete block hallways, front and rear entrances, a tin roof, updated windows, and a low-maintenance stucco exterior. Three of the four units share identical layouts: 3 bedrooms, a spacious living room, large dining area, kitchen, 4-piece bath, and in-unit laundry. One basement unit has been modified to include 2 bedrooms (instead of 3) due to the utility/metre room. All units have been fully renovated within the past 10 years and feature individual hydro meters, though utilities are currently included in the rent. Monthly rents total: $4,250; Monthly utilities, taxes and insurance: $1,859; Net monthly income: $2,391; A turnkey opportunity with solid construction and great income potential, don't miss out!
Location
Province ON
County Timiskaming
Community Cobalt
Area Timiskaming
Zoning R
Rooms
Family Room No
Kitchen 4
Interior
Cooling Window Unit(s)
Exterior
Exterior Feature Year Round Living
Parking Features Private
Garage Spaces 4.0
Pool None
View Forest
Roof Type Metal
Building
Foundation Concrete Block