LOADING

11 Peel Street Penetanguishene, Ontario L0K 1P0

11 Bedroom 7 Bathroom
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. (id:27910)

Property Details

MLS® Number S8222570
Property Type Multi-family
Community Name Penetanguishene
Amenities Near By Place Of Worship, Schools
Parking Space Total 7

Building

Bathroom Total 7
Bedrooms Above Ground 9
Bedrooms Below Ground 2
Bedrooms Total 11
Appliances Refrigerator, Stove, Two Stoves
Basement Development Partially Finished
Basement Type Crawl Space (partially Finished)
Exterior Finish Brick
Foundation Type Unknown
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Type Other
Utility Water Municipal Water

Land

Acreage No
Land Amenities Place Of Worship, Schools
Sewer Sanitary Sewer
Size Irregular 54.78 X 173.58 Ft
Size Total Text 54.78 X 173.58 Ft|under 1/2 Acre

Utilities

Cable Installed
Sewer Installed