$760,000 FOR SALE

Investment

Lot: 90.49 x 261.75 ftTotal Area: 0.54 acres
2023 Taxes: $4,684.33

209 County Rd 28
Otonabee-South Monaghan, ON K0L 1B0 | Rural Otonabee-South Monaghan | Peterborough

Attention All Investors! - Positive Cash-Flowing Property***Turnkey, Legal 5Plex***Huge Lot : 90.50Ft X 261.75Ft***4,500Sqft. Featuring 5 Self-Contained Units***8 Brs & 5 Wshrs***Tenants Pay For Their Own Utilities***Each Unit Has Their Own Hydro Meter & HWT***10-Car Parking***Apt3 Tenant Acts As Bldg. Superintendent***Hands Off Investment***All Tenants Can Be Assumed***These Purpose-Built Investment Opportunities Are Rare!***Newer Roof***Annual Rent = $56,100, Property Taxes = $4,684, House Insurance = $5,980, Net Operating Income = $45,436. See Attachments For Income/Expenses/Rent Roll.

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Listed By RE/MAX COMMUNITY REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8246786
Last Updated Apr 19, 2024
Property Summary
Property Type Investment

More like this:
Use Apartments - 2 to 5 Units
Category Apartment
Legal Description Pt Lt 1 Con 1 S Monaghan Pt 1 39R473; Otonabee-Sou
Occupancy Tenant
Possession Date TBA
Taxes (2023) $4,684.33
Tax Type Annual
Directions/Cross Streets County Rd 28 & County Rd 2
Neighbourhood Rural Otonabee-South Monaghan
Area Peterborough
Price History
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Detailed Information
Freestanding Y
Lot 90.49 x 261.75 ft
Total Area 0.54 acres
Air Conditioning N
Basement Y
Garage Type None
Parking Spaces 10
Heat Type Baseboard
Gross Income/Sales $56,100
Net Income Before Debt $45,436
Insurance Expense $5,980
Taxes Expense $4,684
Year Expenses $2,023
Expenses Actual/Estimated Act
Area Influences Major Highway
Utilities Y
Water Well
Lot/Bldg/Unit Code Lot
Zoning Residential
Seller Property Info Statement N

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