LOADING

11 Peel Street Penetanguishene, Ontario L0K 1P0

7 Bathroom 5000 sqft
Other

$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 S8222580
Property Type Multi-family
Community Name Penetanguishene
Features Conservation/green Belt

Building

Bathroom Total 7
Appliances Refrigerator, Stove, Two Stoves
Heating Fuel Natural Gas
Heating Type Other
Size Interior 5000 Sqft
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Size Irregular 55 X 174 Ft
Size Total Text 55 X 174 Ft