A versatile opportunity in the heart of Cobourg, offering two separate living spaces just a short walk from the beach, historic downtown, and everyday amenities. The lower unit features two bedrooms, an updated kitchen, in-unit laundry, and comfortable living space, while the upper unit offers one bedroom, its own updated kitchen, and a spacious living area. With separate upper and lower accommodations, the property provides plenty of flexibility for investors, multi-generational living, or buyers looking to occupy one unit while generating income from the other. Outside, a large backyard provides additional space to relax and enjoy the property, a valuable feature in such a central location. Within walking distance of Cobourg Beach, the waterfront, downtown shops and restaurants, and everyday conveniences, this property combines location with exciting income and future potential. Whether you're looking to expand your investment portfolio or find a home that can adapt to your lifestyle, this unique Cobourg property offers plenty of possibilities in a highly walkable location.