Nest Seekers

If you are looking for an absolutely turn key 12 unit apartment building, this is it.

2 Tessier Drive
Penetanguishene L9M 1V4
Canada

Listing

Web ID:5842508
Website:https://www.nestseekers.com/5842508

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 13 BR
Bathrooms: 12

Financials

Price:C2,850,000
($2,037,000)
(€1,813,900)
Annual Taxes:C16,370.97

Description

If you are looking for an absolutely turn key 12-unit apartment building, this is it. Priced at a 6.2 cap rate. This building has had extensive renovations in the past 5 years. You will not find a better investment opportunity. 9 one-bedroom apts and 2 one-bedroom with dens and 1 two-bedroom with new kitchens, bathrooms, flooring, doors, trim, some new electrical and plumbing, drywall, heating, laundry room, security room, paved parking, appliances, fire and smoke system, and revamped decks. Great downtown Penetanguishene location, walking distance to shopping, restaurants, and a beautiful trail system along the waterfront park on Georgian Bay.Very easy to find quality tenants in this location. Minimum 36 hours' notice to show the building. First visit, we will set up only 3 apartments to give you a good feel of the property. Listing agent must be present for all showings. Financials available upon request.

Amenities

  • Bay
  • City
  • Deck
  • Downtown
  • Heat Detector
  • Marina
  • Park/Greenbelt
  • Paved Yard
  • Privacy
  • Security System
  • Separate Heating Controls
  • Separate Hydro Meter
  • Smoke Detector
  • Storage
  • Trees/Woods
  • Water
  • Water Heater Owned

Contact

Simcoe County, Ontario
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario
Phone: +1 905-851-9099
onadmin@nestseekers.com
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