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Afia Afaribea

afia.afaribea@lptrealty.com +1(416) 906-5160

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

State 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

Schools and Properties Nearby

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

+1(416) 906-5160

afia.afaribea@lptrealty.com

CAN

Learn More About LPT Realty

49 Cobalt ST Cobalt, ON P0J 1C0