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59 Peel St

Peel St, Penetanguishene, Penetanguishene, ON, L9M 1B7

7
Beds
6
Baths
4,399
Sq. Ft.
$1,099,000
List Price
Details
Photos
9
Comparables
History
59 Peel St, Penetanguishene, ON - 1 of 3
59 Peel St, Penetanguishene, ON - 2 of 3
59 Peel St, Penetanguishene, ON - 3 of 3
New
17 days on market

Quick Summary

  • Rare six-plex, one-story building offers convenience
  • One bedroom rents proven to get $1750/month
  • $60,276 in annual net operating income potential
  • Each unit has two parking spaces
  • Opportunity to generate passive income

Top 5 Reasons You Will Love This Property: 1) Rare six-plex, one-story building offers convenience while being ideally situated in-town and within walking distance to amenities and the stunning Georgian Bay 2) One bedroom rents proven out to get $1750/month, when the remaining five units are renovated and brought to market rate potential... Show More

Top 5 Reasons You Will Love This Property: 1) Rare six-plex, one-story building offers convenience while being ideally situated in-town and within walking distance to amenities and the stunning Georgian Bay 2) One bedroom rents proven out to get $1750/month, when the remaining five units are renovated and brought to market rate potential to increase value by $1 million+ 3) $60,276 in annual net operating income potential upside opportunity after renovating and bringing 5 remaining units to market rents 4) Additional value opportunity with each unit having two parking spaces 5) Incredible opportunity to generate passive income. Visit our website for more detailed information. (id:54626)

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Property Details

Size

4,399 sq. ft.
26 total rooms across 1 floor
7 Beds
7 Above Grade
6 Baths
6 Full

Parking

10 Parking Spaces
-

Lot

Size
732′ * 2376′
Acres
-

Build

Year Built
1930
Model Name
-
Basement
-
Exterior
Aluminum siding
Foundation
-
Builder Name
-
Stories
1
Flooring
-
Roof
-

Heating & Cooling

Heating
Baseboard heaters
Cooling
None

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Rooms

3pc Bathroom

Bathroom

Storage

5′7″ x 11′9″

3pc Bathroom

Bathroom

Kitchen

12′3″ x 12′9″

Living room

11′7″ x 15′4″

Bedroom

10′ x 16′4″

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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
40569934
Last Updated
April 23, 2024
Brokerage
Faris Team Real Estate Brokerage,Faris Team Real Estate Brokerage (Midland)
Powered by: REALTOR.ca
Call us 800-591-0566

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