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Gurdev Singh Virk

realtorgsvirk@gmail.com +1(647) 530-4840

Est. payment | -/mo

7 Beds

3 Baths

Save

Est. payment | -/mo

Save

7 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision Cobalt

MLS Listing ID T13748228

Style 2-Storey

Bedrooms 7

Annual Tax Amount $7,493

Tax Year 2026

Property Sub-Type Triplex

Property Description

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!

Location

Province ON

County Timiskaming

Area Timiskaming

Zoning R

Rooms

Family Room No

Basement Unfinished, Exposed Rock

Kitchen 3

Interior

Interior Features None

Cooling None

Inclusions 2 Sets of fridge, stove, washer & dryer (all in as-is condition).

Exterior

Exterior Feature Deck, Year Round Living

Parking Features Front Yard Parking, Private

Pool None

Roof Type Asphalt Shingle,Metal

Lot Frontage 36.0

Lot Depth 135.0

Total Parking Spaces 3

Building

Building Age 100+

Foundation Concrete Block

Others

Senior Community No

ParcelsYN Yes

Listed by CENTURY 21 TEMISKAMING PLUS BROKERAGE

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(647) 530-4840

realtorgsvirk@gmail.com

Learn More About LPT Realty

49 Cobalt ST Cobalt, ON P0J 1C0