380 BROCK Street, Peterborough, Ontario, K9H2R5
GOOD SOLID INVESTMENT PROPERTY ZONED R4 AND CONSISTS OF 8 SPACIOUS UNITS, 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 2021: NET RENT $62,910.58 EXPENSES $38,669.42 AND EXPENSES ARE LOWER AGAIN IN 2022. (id:2471)
- Property Address: 380 BROCK Street, Peterborough, Ontario, K9H2R5
- Property Type: Multi-family
- Zoning Description: R4
- Title: Freehold
- Acreage: under 1/2 acre
- Sewage Type: Municipal sewage system
- Water Type: Municipal water
- Total Parking Spaces: 11
- Amenities Nearby: Hospital, Park, Place of Worship, Public Transit, Shopping
- Storeys: 3
- Floor Space: 9000
- Bedrooms: 16
- Bathrooms: 8-Total
- Basement Type: Full (Partially finished)
- Cooling: None
- Exterior Type: Brick
- Corner Site
- Laundry- Coin operated
Listing Office: Mincom Kawartha Lakes Realty Inc. Brokerage
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