11 PEEL Street

Multi-family For Sale in Penetanguishene, Ontario

$1,349,900
  • 9 Beds
  • 7 Baths
  • 2,592 Sq. Ft.

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:4069)
Address 11 PEEL Street
List Price $1,349,900
Property Type Multi-family
Area Ontario
Sub-Area Penetanguishene
Bedrooms 9
Bathrooms 7
Floor Area 2,592 Sq. Ft.
MLS® Number 40568372
Listing Brokerage RE/MAX Hallmark Chay Realty Brokerage
Basement Area Partial (Partially finished)
Postal Code L9M1A5
Zoning G-6
Site Influences Place of Worship, Schools

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Carol Ireland - Sales Representative

RE/MAX By The Bay Brokerage

1263 Mosley St, Unit 6 Wasaga Beach ON L9Z 2Y7

Office: (705) 446-4309

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