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"HIGH DEMAND LOCATION! 9 APARTMENT SUITES"
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RE/MAX ESCARPMENT REALTY INC., Brokerage
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| Frank Lostracco |
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Email Frank |
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Phone: |
(905) 304-3303 |
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Fax: |
(905) 574-1450 |
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Address:
149 Penetang Street
Type: Commercial
Style: 9 Apartment Suites
Bedrooms: n/a "Multi-Residential"
Lot Type: Irregular
Lot Size:
51.5ft
Taxes: $8,803.80 (2008)
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9 Suite Apartment Building
Fully Occupied and Easy to Rent Suites
Good Tenant Profile
Asking only $80,000 Per Suite!
3 x Two Bedrooms
4x One Bedrooms
2 x One Bedroom + Den
Tenants Pay Own Hydro
Separate Hydro Metres
Gorgeous Newly Renovated Suites with Hardwood & Ceramic Floors
Some New Kitchens & Baths
Ceramic Floors in Common areas
Coin Laundry Machines in Building
Large Lot for Additional Parking Income or Possible Development Potential
New Roof 2008
New Boiler 2009
Walking Distance to Lake or Georgian College
Existing 1st Mortgage 460,000 @ 3.28% paying $2,243.56 due November 1, 2010
Mortgage may be assumed OAC
8.75% Cap Rate
Please note: Owner is a registered real estate salesperson. Listing salesperson has an ownership interest in the property.
The above information is deemed reliable, but is not guaranteed.
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Interior Features
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▪ Hardwood Floors
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▪ Laundry Room
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Sewer/Water Systems
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Exterior Finish
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Lot Features
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Appliances
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▪ Oven Range
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▪ Refrigerator
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Extra Features
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▪ Public Transportation
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▪ Reserved Parking
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