Top 5 Reasons You Will Love This Property: 1) Rare six-plex, one-story building offers convenience while being ideally situated in-town and within walking distance to amenities and the stunning Georgian Bay 2) One bedroom rents proven out to get $1750/month, while the remaining five units are renovated and brought to market rate potential to increase value by $1 million+ 3) $60,276 in annual net operating income potential upside opportunity after renovating and bringing 5 remaining units to market rents 4) Additional value opportunity with each unit having two parking spaces 5) Incredible opportunity to generate passive income. Visit our website for more detailed information. (id:4069)
Address
59 PEEL Street
List Price
$1,099,000
Property Type
Office
Area
Ontario
Sub-Area
Penetanguishene
Floor Area
4,399 Sq. Ft.
Year Built
1930
MLS® Number
40569931
Listing Brokerage
Faris Team Real Estate Brokerage
| Faris Team Real Estate Brokerage (Midland)
