59 Peel St, Penetanguishene, Ontario L9M 1B7

Listed for:
$1,099,000
7 beds
6 baths
Listed 23 days ago
Other for rent: 59 Peel St, Penetanguishene, Ontario L9M 1B7

View all 9 photos

Learn more about this property
Listing provided by:
FARIS TEAM REAL ESTATE
MLS® number:
S8235500
Agent:
Mark Faris
*Indicates required field
Name is required
Email is required

About

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:27476)

Property Highlights

Type
Other
Cooling type
Heating fuel
Electric
Fireplace
No
Construction material
Aluminum siding
Parking space
10
Ownership Type
Amenities nearby

Location