11 Peel St

Multiplex | 9+2   | 7    | 7   | 3500 - 5000 sqft

$1,349,900

Penetanguishene,Penetanguishene,Ontario, L0K 1P0

11 Peel St, Penetanguishene Multiplex Photos

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Property Info
MLS®: S8222570
Style of House: 3-Storey
Bedrooms: 9+2
Bathrooms: 7
Last Updated: 2024-04-10
List Price: $1,349,900
Strata Fee: $
Floor Area: 3500 sq. ft - 5000 sq. ft
Unit Price: $386/sq. ft
Lot Size: 9508.71
Basement: Part Fin
Built Year: 100+
Tax Amount $5,000/Year
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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.

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