$1,349,900 $7,247 est/mo Sourced by Back At You
11 Peel Street , Penetanguishene, ON L9M 1A5
Penetanguishene, ON L9M 1A5
Description
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.
Details
| MLS# | 40568373 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 158 |
| Listing Provided By | RE/MAX Hallmark Chay Realty Brokerage | Curtis Goddard |
Features
| Bed(s) | 9 |
|---|---|
| Bath(s) | 7 Total |
| SQ Feet | 2,592 |
| Basement | Y |
| Units | 6 |
| Zoning | G-6 |
| Water Front | Yes |
| Property View | Yes |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Simcoe County |
| City | Penetanguishene |
| Postal Code | L9M 1A5 |
| Area | Penetanguishene |
| Subarea | PE01 East of Main Street |
| Community Name | PE01 East of Main Street |
| Listing VS Median (in PE01 East of Main Street) | |
Price: $1,349,900 low | high Med: $784,900 SqFt: 2,592 low | high Med: 1,240 $ / SqFt: $521 low | high Med: $633 On Site: 158 low | high Med: 161.000000 | |
Listing Updated: June 26, 2024 at 4:24:16 PM PDT