59 Peel Street
Penetanguishene, ON
MLS® 40569928
Bedrooms
7Bathrooms
6 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.
Property Details
Parking Total
10
10
Property Type
Residential
Residential
Community Features
Other
Building
Appliances
Refrigerator
Stove
Refrigerator
Stove
Bathrooms
6
6
Bedrooms
7
7
Building Type
Multi-6-9 Unit
Multi-6-9 Unit
Construction Materials
Aluminum Siding
Aluminum Siding
Heating
Baseboard
Electric
Baseboard
Electric
Roof
Asphalt Shing
Asphalt Shing
Sewer
Sewer (Municipal)
Sewer (Municipal)
Stories
1
1
Water Source
Municipal
Municipal
Land
Lot Depth
197.99 ft
197.99 ft
Lot Front
60.54 ft
60.54 ft
Acres
< 0.5 Acres
< 0.5 Acres
Zoning
R2
R2
HoodQ
Walk Score
Faris Team Real Estate Brokerage
Faris Team Real Estate Brokerage (Midland)
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Last Updated: 2024-04-25 18:25:06