59 PEEL ST

Multi-family For Sale in Penetanguishene, Ontario

$1,099,000

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, when 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 ST
List Price $1,099,000
Property Type Multi-family
Type of Dwelling Other
Area Ontario
Sub-Area Penetanguishene
Bedrooms 7
Bathrooms 6
Lot Size 60.54 x 197.99 FT Sq. Ft.
MLS® Number S8235500
Listing Brokerage FARIS TEAM REAL ESTATE
Postal Code L9M1B7
Features Lane

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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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