CAONCobourg238 James St E
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238 James St E, Cobourg, ON

House

For Sale

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1066

MLS® X13019912

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage None
Taxes $8,034
Days Active 0
Lot Size 
Approx. Age 
MLS® Number X13019912

Property Address: 238 James St E, Cobourg, ON, K9A1H7

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to acquire a well-maintained 6-unit multi-residential asset in the heart of Cobourg-an ideal entry point for investors looking to step into commercial real estate with confidence. Situated on a generous 66 x 190 ft lot, this property offers ample on-site parking and strong curb appeal, supporting long-term tenant retention and ease of management. The building features over 5, 000 sq ft of (above and below grade) finished space as per MPAC, with a unit mix that has consistently delivered stable income. This building consists of 4 two-bedroom units, one one-bedroom unit, and one bachelor unit. Current tenants are reliable, pay on time, and take pride in their homes-an often overlooked but critical component of a successful investment. Two units have been recently updated, offering a blend of improved rental potential and future upside. As tenancies turn over, there is clear opportunity to bring rents to market levels, strengthening overall cash flow and increasing long-term asset value. The property has been well cared for, creating a low-maintenance profile for an incoming investor. Located in a desirable area of Cobourg, close to amenities, transit, and the waterfront, this asset benefits from strong rental demand and long-term growth fundamentals. Whether you're expanding your portfolio or acquiring your first multi-unit property, this is a strategic opportunity to secure a stable, income-producing asset with built-in upside in ahigh-demand market.Show Description
MLS® NumberX13019912
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNone
Approx. Age
BasementApartment, Finished
DrivewayGarage Type:None
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

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238 James St E, Cobourg, ON

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