2-Unit Fixer Upper for $229,900

aaronmoore

Frequent Forum Member
REIN Member
Who's looking for a cheap fixer upper with big upside potential? It's a 2-unit property, but it hasn't been lived in for a while.
This has good rental income potential. Or good fix & flip profit potential.

WARNING: This is a serious fixer upper. It's been vacant/abandoned for some years. Needs major interior and exterior work.

SUMMARY:
- LOCATION: Cobourg, ON
- PURCHASE PRICE: $229,900
- AFTER REPAIR VALUE: similar houses are selling in the $400s and $500s when renovated
- CLOSING: Feb 09! (Assignment sale - may be able to change closing.)
- TYPE: Big 2 storey house with addition
- BEDS/BATHS: 5 beds + 2 baths
- KITCHENS: 2
- SQFT: 2949 sqft
- LOT: 119' x 186' (over 1/2 acre)
- AGE: 1957

PICTURES and more details are here: https://www.housedealsgta.ca/property/fixer-uppers-in-cobourg-ontario/
 
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