Professionally managed 6-unit property, all but unit 2 at market rent. Unit 1 is occupied by owner potential rent at $2200. Lake views nestled in the heart of town with easy access to all amenities. Approx. annual gross Income of $122,400 makes this an attractive opportunity for any investor. Units include 1-Huge 3 Bed Unit with basement, 1x2 Bed Unit, and 4x1 Bed units, each unit with its own hydro panel. Unit 1 has a new f/a furnace, S/S appliances, and washer/dryer. Units 2-6 are baseboard heated and all water heaters are owned. New metal roof, windows and deck in 2021 + cameras installed (as is). Ample parking spaces for 7-10 vehicles. Financials available upon request. (id:35492)
MLS® Number | S8222580 |
Property Type | Multi-family |
Community Name | Penetanguishene |
Features | Conservation/green Belt |
Bathroom Total | 7 |
Appliances | Refrigerator, Stove |
Heating Fuel | Natural Gas |
Heating Type | Other |
Size Interior | 5000 Sqft |
Type | Multi-family |
Utility Water | Municipal Water |
Acreage | No |
Size Depth | 174 Ft |
Size Frontage | 55 Ft |
Size Irregular | 55 X 174 Ft |
Size Total Text | 55 X 174 Ft |
Zoning Description | Residential |
https://www.realtor.ca/real-estate/26734194/11-peel-street-penetanguishene-penetanguishene
Contact us for more information
Curtis Goddard
Broker
(705) 722-7100