Name: 2228 INDIAN RIVER Line, Peterborough | MLS® 40777751
SKU: 40777751
Price: 1995000.0 CAD
Availability: InStock

$1,995,000 Sale

Listed 3 days ago

2228 INDIAN RIVER Line

MLS® 40777751 Multi Family

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Beds · 0

Baths · 0.0

Parking · 12

Sqft · 6000

Est. mortgage

$7,568/mo

Key Facts

Key facts for 2228 INDIAN RIVER Line

Property Type

Apartment

Parking

Garage: No, 12 parking

MLS #

40777751

Size

6000 sqft

Basement

None

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

Description

Well-maintained 11-unit building featuring a mix of one-bedroom and bachelor apartments, priced at a 5.1% cap, generating nearly $160,000 annually with room for upside. Located just 15 minutes from Peterborough off the Trans-Canada Highway, offering quiet country living with easy city access. Update...s include an 8-year-old roof, new fire-rated exterior doors, some newer windows, and a commercial hot-water tank under 10 years old. Heated by electric baseboard with hydro on one meter and potential to separate utilities for tenant billing. Quiet adult tenant base and a meticulously cared-for building make this a turnkey investment with excellent income stability and future upside. (id:10452)

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Full Property Details

Interior

Bedrooms

Washrooms

0.0

Square Footage

6000 sqft

Heating Type

Baseboard heaters

Full Bathrooms

Half Bathrooms

Bedrooms

Washrooms

0.0

Square Footage

6000 sqft

Heating Type

Baseboard heaters

Full Bathrooms

Half Bathrooms

Exterior

Acreage

2 - 4.99 acres

Parking Spaces

Garage Spaces Y/N

Zoning Description

RR-12H

Acreage

2 - 4.99 acres

Parking Spaces

Garage Spaces Y/N

Zoning Description

RR-12H

Building Description

Home Type

Apartment

Subtype

Multi Family

Exterior

Aluminum siding

Sewers

Septic System

Water Supply

Well

Home Type

Apartment

Subtype

Multi Family

Exterior

Aluminum siding

Sewers

Septic System

Water Supply

Well

Community

Area Code

Peterborough

Area Code

Peterborough

Alket Kulla

Email: [email protected] Cell: 705-761-5585