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$ 1,099,000
Est. payment | /mo
1 SqFt
$ 1,099,000
Est. payment | /mo
1 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $1,099,000
Subdivision Norwood
MLS Listing ID X11993735
Annual Tax Amount $4,176
Tax Year 2024
Property Sub-Type Investment
Property Description
This well-maintained 6-unit multiplex building in Norwood presents a high-potential, income-generating opportunity. Ideally located near amenities, schools, and public transportation, the property consists of four spacious 2-bedroom units and two 1-bedroom units. Tenants are responsible for their own electric heating, reducing utility costs for the owner. The building features on-site laundry facilities, four lockers designated for the 2-bedroom units, and additional in-unit storage for one of the 1-bedroom apartments. With surface parking available, the property boasts 12 parking spots for tenant convenience. Additionally, the building offers renovation potential, enhancing both rental income and long-term appreciation in this developing neighborhood.
Location
State ON
County Peterborough
Community Norwood
Area Peterborough
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 150.0
Lot Depth 117.54
Listed by CENTURY 21 INNOVATIVE REALTY INC.
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