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. |
Price | $1,349,900 |
Taxes: | $5000.00 |
Address: | 11 Peel St , Penetanguishene, L0K 1P0, Ontario |
Lot Size: | 54.78 x 173.58 (Feet) |
Acreage: | < .50 |
Directions/Cross Streets: | Peel St & Simcoe St |
Rooms: | 24 |
Bedrooms: | 9 |
Bedrooms +: | 2 |
Kitchens: | 6 |
Family Room: | N |
Basement: | Crawl Space, Part Fin |
Approximatly Age: | 100+ |
Property Type: | Multiplex |
Style: | 3-Storey |
Exterior: | Brick |
Garage Type: | None |
(Parking/)Drive: | Available |
Drive Parking Spaces: | 7 |
Pool: | None |
Approximatly Age: | 100+ |
Approximatly Square Footage: | 3500-5000 |
Property Features: | Place Of Wor, School |
Fireplace/Stove: | N |
Heat Source: | Gas |
Heat Type: | Forced Air |
Central Air Conditioning: | None |
Sewers: | Sewers |
Water: | Municipal |
Utilities-Cable: | Y |
Utilities-Hydro: | Y |
Utilities-Gas: | Y |
Utilities-Telephone: | Y |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX HALLMARK CHAY REALTY |
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Type: | Freehold - Multiplex |
Area: | Simcoe |
Municipality: | Penetanguishene |
Neighbourhood: | Penetanguishene |
Style: | 3-Storey |
Lot Size: | 54.78 x 173.58(Feet) |
Approximate Age: | 100+ |
Tax: | $5,000 |
Beds: | 9+2 |
Baths: | 7 |
Fireplace: | N |
Pool: | None |