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298 Simcoe Street Peterborough, Ontario K9H 2J3

4 Bedroom 4 Bathroom 1691
None Baseboard Heaters

$628,900

Fourplex investment property located within a prime rental area in the downtown core of Peterborough. Long term tenants, potential to greatly improve rents over time as the units turn over. 5 utility and 4 water and sewer meters. Seller will consider holding a first mortage to a quaified buyer, rates subject to credit application and minimum 25% down payment. Gross income $38,196.00 annually with a scheduled increase of 2.5% for January 1, 2023. (id:43038)

Property Details

MLS® Number 40313450
Property Type Multi-family
Amenities Near By Hospital, Park, Playground
Features Park/reserve
Parking Space Total 4

Building

Bathroom Total 4
Bedrooms Total 4
Basement Development Unfinished
Basement Type Partial (unfinished)
Cooling Type None
Exterior Finish Brick
Fire Protection None
Foundation Type Stone
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 2
Size Interior 1691
Type Fourplex
Utility Water Municipal Water

Land

Acreage No
Land Amenities Hospital, Park, Playground
Sewer Municipal Sewage System
Size Depth 120 Ft
Size Frontage 43 Ft
Size Total Text Under 1/2 Acre
Zoning Description R4

https://www.realtor.ca/real-estate/24799249/298-simcoe-street-peterborough

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R.j.l. Realty Ltd. Brokerage
271 Brock Street
Peterborough, Ontario K9H 3P8

(705) 740-3742
www.rjlrealty.com

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