390/392 MATHEW STREET, Cobourg, Ontario
$699,000
- 3 Beds
- 2 Baths
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! (id:56241)
- Listing ID: X12112471
- Property Type: Multi-family
Schedule a Tour
Schedule Private Tour
Are you looking for a private viewing? Schedule a tour with one of our Kingston real estate agents.
Match your Lifestyle with your Home
Let us put you in touch with a REALTOR® who specializes in the Kingston market to match your lifestyle with your ideal home.
Get Started Now
Lifestyle Matchmaker
Let one of our Kingston real estate agents help you find a property to match your lifestyle.
Listing provided by RE/MAX ROUGE RIVER REALTY LTD.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 390/392 MATHEW STREET in Cobourg Ontario. It was last modified on April 30th, 2025. Contact us to schedule a viewing or to discover other Cobourg real estate for sale.