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380 Brock Street Peterborough, Ontario K9H 2R5

16 Bedroom 8 Bathroom 9000
None Hot Water Radiator Heat

$2,000,000

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 AND STORAGE LOCKERS. 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:43038)

Property Details

MLS® Number 40299362
Property Type Multi-family
Amenities Near By Hospital, Park, Place Of Worship, Public Transit, Shopping
Communication Type High Speed Internet
Equipment Type None
Features Corner Site, Park/reserve, Laundry- Coin Operated
Parking Space Total 11
Rental Equipment Type None

Building

Bathroom Total 8
Bedrooms Total 16
Basement Development Partially Finished
Basement Type Full (partially Finished)
Cooling Type None
Exterior Finish Brick
Fire Protection None
Heating Type Hot Water Radiator Heat
Stories Total 3
Size Interior 9000
Utility Water Municipal Water

Land

Acreage No
Land Amenities Hospital, Park, Place Of Worship, Public Transit, Shopping
Sewer Municipal Sewage System
Size Depth 78 Ft
Size Frontage 113 Ft
Size Total Text Under 1/2 Acre
Zoning Description R4

Utilities

Cable Available
Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/24694843/380-brock-street-peterborough

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Mincom Kawartha Lakes Realty Inc. Brokerage
419 George Street South
Peterborough, Ontario K9J 3E2

(705) 743-7355

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