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11 Peel Street Penetanguishene, Ontario L9M 1A5

9 Bedroom 7 Bathroom 2592 sqft
None Baseboard Heaters, Forced Air

$1,349,900

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:46421)

Property Details

MLS® Number 40568372
Property Type Multi-family
AmenitiesNearBy Place Of Worship, Schools
EquipmentType Water Heater
ParkingSpaceTotal 7
RentalEquipmentType Water Heater

Building

BathroomTotal 7
BedroomsTotal 9
BasementDevelopment Partially Finished
BasementType Partial (partially Finished)
CoolingType None
ExteriorFinish Brick
FoundationType Stone
HeatingFuel Natural Gas
HeatingType Baseboard Heaters, Forced Air
StoriesTotal 3
SizeInterior 2592 Sqft
UtilityWater Municipal Water

Land

AccessType Road Access
Acreage No
LandAmenities Place Of Worship, Schools
Sewer Municipal Sewage System
SizeDepth 174 Ft
SizeFrontage 55 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription G-6

https://www.realtor.ca/real-estate/26733890/11-peel-street-penetanguishene

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