59 Peel Street Penetanguishene, Ontario L9M 1B7
$1,099,000
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, while 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:55566)
Property Details
| MLS® Number | 40569931 |
| Property Type | Office |
| Features | Paved Driveway |
| Parking Space Total | 10 |
Building
| Basement Type | None |
| Constructed Date | 1930 |
| Exterior Finish | Aluminum Siding |
| Stories Total | 1 |
| Size Exterior | 4399.0000 |
| Size Interior | 4399 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 198 Ft |
| Size Frontage | 61 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R2 |
https://www.realtor.ca/real-estate/26752566/59-peel-street-penetanguishene
Interested?
Contact us for more information
Mark Faris
Broker
(705) 797-8486
www.facebook.com/themarkfaristeam
443 Bayview Drive
Barrie, Ontario L4N 8Y2
(705) 797-8485
(705) 797-8486
www.faristeam.ca
Sabrina Staunton
Broker
(705) 797-8486
www.facebook.com/FarisTeam
www.linkedin.com/company-beta/5311521/
twitter.com/FarisTeam
531 King St
Midland, Ontario L4R 3N6
(705) 527-1887
(705) 797-8486
www.FarisTeam.ca
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
May 31 2024 04:24:52
Barrie & District Association of REALTORS® Inc.
Faris Team Real Estate Brokerage, Faris Team Real Estate Brokerage (Midland)