LOADING

11 Peel Street Penetanguishene, Ontario L9M 1A5

9 Bedroom 7 Bathroom 2592
None Baseboard Heaters, Forced Air

$1,349,900

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. Assume the mortgage at 5.25% interest for 2 more years at this rate. (id:48279)

Property Details

MLS® Number 40530498
Property Type Multi-family
Amenities Near By Place Of Worship, Schools
Equipment Type Water Heater
Parking Space Total 7
Rental Equipment Type Water Heater

Building

Bathroom Total 7
Bedrooms Total 9
Basement Development Partially Finished
Basement Type Partial (partially Finished)
Cooling Type None
Exterior Finish Brick
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Baseboard Heaters, Forced Air
Stories Total 3
Size Interior 2592
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Land Amenities Place Of Worship, Schools
Sewer Municipal Sewage System
Size Depth 174 Ft
Size Frontage 55 Ft
Size Total Text Under 1/2 Acre
Zoning Description G-6

https://www.realtor.ca/real-estate/26435986/11-peel-street-penetanguishene

Interested?

Contact us for more information


Generating Captcha

Curtis Goddard
Broker

(866) 606-2429
(705) 722-5246

RE/MAX Hallmark Bwg Realty Inc. Brokerage
450 Holland Street Unit: 4a
Bradford, Ontario L3Z 0G1

(866) 606-2429

Your Favourites

 

No Favourites Found