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59 PEEL STREET
Penetanguishene Ontario L9M1B7 Canada

$1,099,000

Active Listing ID S8235500
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7 bed
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6.00 Bath
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Multi-family

$1,099,000

Active Listing ID S8235500
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59 PEEL STREET Top 5 Reasons You Will Love This Property: 1) Rare six-plex, one-story building offers convenience while being ideally situated in-town and within walking distance to amenities and the stunning Georgian Bay 2) One bedroom rents proven out to get $1750/month, when the remaining five units are renovated and brought to market rate potential to increase value by $1 million+ 3) $60, 276 in annual net operating income potential upside opportunity after renovating and bringing 5 remaining units to market rents 4) Additional value opportunity with each unit having two parking spaces 5) Incredible opportunity to generate passive income. Visit our website for more detailed information. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Exterior Finish: Aluminum siding
  • Heating Systems: Baseboard heaters, Electric
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 5/15/2024 4:30:52 PM GMT
Source Updated Date: 6/1/2024 3:50:50 AM GMT

Courtesy of: MARKFARIS, Salesperson, FARIS TEAM REAL ESTATE

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