$2,599,900

Investment For Sale In Kenner, Peterborough (Otonabee Ward 1), Ontario

$2,599,900

Property Information:

Excellent opportunity to acquire quality, purpose-built 12-plex in convenient location close to all Lansdowne Street amenities and with easy access to Hwy 115, and located near the foot of George Street with easy access to downtown. Large 0.463-acre property (95 x 226) with ample paved parking. The building features 2 x 1-brm suites and 10 x 2-brm suites. Tenants pay their own hydro. Clean, renovated laundry room with coin laundry. Significant upside through market leasing on turnover, with the average rent nearly $600 below market. Single-owner property since 1977 (since construction.) (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Floor Space: 12285 sqft
  • Heating Type: Baseboard heaters
  • Cooling Type: None
  • Appliances: Dryer, Washer

Property Features:

  • Property Type: Multi-family
  • Amenities Nearby: Highway, Public Transit
  • Floor Space (approx): 12285 Square Feet
  • Lot Depth: 225.7 Feet
  • Lot Frontage: 95.0 Feet
  • Zoning: R1234

Courtesy of: RE/MAX HALLMARK EASTERN REALTY

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.