Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Bedrooms: | 10 BR |
| Bathrooms: | 5 |
Financials
Price:C1,125,000
($791,900)
(€696,900)
Annual Taxes:C7,926
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario
Here is a rare opportunity to acquire a well maintained all brick five self contained units in Peterborough's north end.
Description
Here is a rare opportunity to acquire a well-maintained all-brick five self-contained units in Peterborough's north end. This investment property features five 2-bedroom units with a strong history of long-term tenancy and consistent rental income. Additional benefits include on-site parking, recently updated roof, separate hydro meters and coin-operated laundry. Current income provides immediate cash flow, while future rental upside offers potential for increased returns over time. Whether you're expanding an existing portfolio or entering the multi-residential market, this five-unit property presents an excellent opportunity in great location with a potential gross income of $79,860. Current rents (Apt 1- $1135) (Apt 2 -$1295) (Apt 3- $1650) (Apt 4 - $1175) (Apt 5- $1400) Situated on a corner lot with ample parking and close to schools, transit, shopping and amenities.
Amenities
- Separate Heating Controls
- Separate Hydro Meter
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.