$1,499,900 FOR SALE

Multiplex

Bedrooms: 8Bathrooms: 7Lot: 37 x 97 ft
2023 Taxes: $4,712

32 King St E
Cavan Monaghan, ON L0A 1G0 | Millbrook | Peterborough

Welcome to the heart of growing and flourishing downtown Millbrook. This mixed-use building is perfect for the discretionary investor looking to access the rental and commercial market in the area. The property boasts 4 large residential units, 2 thriving commercial units and 1 exterior garage (used as storage presently). All units are occupied with the majority at market rents. Each tenant has been properly vetted and takes pride in the property. The present owner has spent close to $300K on renovations and upgrades to the building. All tenants pay their own heat/hydro making the monthly costs favorable.

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Listed By ROYAL HERITAGE REALTY LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9369567
Last Updated Sep 27, 2024
Property Summary
Property Type Multiplex

More like this:
PIN 280120428
Legal Description LT 10 N/S CONCESSION LINE AND W OF ROW PL MILLBROOK CAVAN; T/W R687889 EXCEPT THE EASEMENT THERIN LYING EAST OF PT 9 9R2426; CV-MIL-NMO
Taxes (2023) $4,712
Directions/Cross Streets HWY 115 TO HWY 10 SOUTH. TURN RIGHT (EAST) ON KING ST
Neighbourhood Millbrook
Area Peterborough
Price History
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Detailed Information
Fronting On N
Special Designations Unknown
Bedrooms 8
Bathrooms 7
Kitchens 5
Lot 37 x 97 ft
Exterior Brick
Air Conditioning Central Air
Family Room N
Fireplace/Stove N
Pool None
Basement Crawl Space
Drive Lane
Garage Spaces 1.0
Garage Type Detached
Parking Spaces 4
Total Parking Spaces 5.0
Heat Source Electric
Heat Type Baseboard
Sewers Sewers
Water Municipal
Zoning CMU1
Seller Property Info Statement N

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