Peterborough - Town Ward 3
Peterborough - Town Ward 3
Listed For $2,000,000
Get Pre-approvedTerminated Apr 2023
Solid Investment Property Zoned R4 Updated Heating System 2023. Consists Of 8 Spacious Units, Purpose Built Using Concrete Construction, 6 Units Have Balconies, Each Unit Comes With Fridge And Stove. Tenants Pay Hydro, Vendor Pays Heat (Approx. $4664.96 / Year). Hot Water Gas Coin Operated Laundry In Basement. Great Location, Old Westend Area, Walking Distance To Downtown And All Its Amenities. This Would Be A Good Owner Occupied Investment. Long Term Tenants, Easy To Maintain. Potential For 1 Bedroom Unit Additional In Basement, Subject To Parking. Expenses: Common Area Hydro $1315.40, Water/Sewer $3819.90, Maintenance $4899.00, Insurance $3624.00, Mgmt $2939.40, Laundry Income Approx. $3600.00 Per Year Included In Total Rent Income. Note: 2020: Net Rent $68,081.66 Expenses $33,378.34 N
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