FOR SALE
$149,900
19 Prospect, Cobalt, ON, P0J 1C0
5
2
2000-2500
About the Property
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!
Property Details
About the Property
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!
Property Details
MLS#:
T13748228
Status:
For Sale
Property Type:
Triplex
Central A/C:
No
Bedrooms:
7
Heating Fuel:
Forced Air
Bathrooms:
3
Heating Type:
Forced Air
Parking:
3 Spots
Cross Street:
Cobalt St and Jamieson St
Basement:
Unfinished, Exposed Rock
Similar Properties
MLS#:
T13748228
Status:
For Sale
Property Type:
Triplex
Central A/C:
No
Bedrooms:
7
Heating Fuel:
Forced Air
Bathrooms:
3
Heating Type:
Forced Air
Parking:
3 Spots
Cross Street:
Cobalt St and Jamieson St
Basement:
Unfinished, Exposed Rock
Maintenance:
Exterior:
Wood , Vinyl Siding
Possession Date:
Sep 18, 2026
Presented By:
CENTURY 21 TEMISKAMING PLUS BROKERAGE
Maintenance:
Exterior:
Wood , Vinyl Siding
Possession Date:
Sep 18, 2026
Presented By:
CENTURY 21 TEMISKAMING PLUS BROKERAGE