380 BROCK Street , Peterborough

16 Bed / 8 Bath / $2,000,000 / MLS® Listing #:40299362

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GOOD SOLID INVESTMENT PROPERTY ZONED R4 AND 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 AMMENITIES. 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 NOTE: 2022: NET RENT $64,110 EXPENSES $37,350. (id:10452)

Property Details

Property Type Multi-family
Square Feet 9000.0000
Maintenance N/A
Days On Our Website 119
Basement Partially finished - Full (Partially finished)
Kitchens
Lot Dimensions under 1/2 acre
Pool N/A
Area Peterborough
Air Conditioning None
Heating - Hot water radiator heat
Exterior Brick
Parking Spaces 11
Sewers Municipal sewage system
Water Municipal water

Listing Office: Mincom Kawartha Lakes Realty Inc. Brokerage



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