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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
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
Basement Finished,Full
Kitchen 4
Separate Den/Office 5
Interior
Interior Features Separate Heating Controls,Separate Hydro Meter,Storage,Water Heater Owned
Cooling Window Unit(s)
Exterior
Exterior Feature Year Round Living
Parking Features Private
Garage Spaces 4.0
Pool None
View Forest
Roof Type Metal
Lot Frontage 105.03
Lot Depth 156.84
Total Parking Spaces 4
Building
Foundation Concrete Block
Others
Senior Community No
ParcelsYN No