296-298 Park St N
Downtown, Peterborough, K9J 3W5
FOR SALE
$989,900
Sold
$940,000

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8
BEDROOMS4
BATHROOMS4
KITCHENS20
ROOMSX8371366
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-05-24 | 2024-06-11 | 18 | $989,900 | $940,000 | Sold |
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Property Description
Wow! Attention Investors! Multi-Plex Featuring Four Self Contained, 2 Bedroom Units. With Four Separate Furnaces, Four Separate Hydro Meters, Four Separate Gas Meters, One Upper Unit With Central Air, Completely Vacant Allowing The Opportunity To Set Your Own Rents, This Income Property Has The Potential To Easily Yield Over An 8% Cap Rate. Don't Miss Out On This Opportunity, Offering Promising Potential For Both Income Generation And Multi-Generational Living, This Property Is A Must-See. Renovated In 2016, Each Unit Boasts Updated Kitchens With Quartz Countertops And Updated Bathrooms, Ensuring Contemporary Comfort And Style. Meticulously Cared For, The Property Features Beautiful Hardwood Flooring And Well-Kept Interiors, Promising Lasting Quality. On The Edge Of The Avenues, Located In The Old West End, Close To Downtown Amenities And Bus Routes, Residents Can Enjoy Easy Access To Shopping, Dining, And Transportation. Whether You're An Investor Seeking High Returns Or A Family In Search Of A Comfortable Multi-Generational Home, This Property Offers The Perfect Blend Of Modern Living And Convenience. Seize The Opportunity!
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Attention Prospective Investors! Fourplex in a highly visible location! Comprising of fourseparate rental units, 3 of which have been recently renovated. Each unit having two spaciousbedrooms and 1 bathroom, with one parking space per unit. The property is in close proximity tothe hospital, shopping and the Kinsman Arena. Conveniently located near public transit routes,including those serving Fleming College and Trent University. This opportunity represents asolid investment in a prime location with significant income potential and the promise offuture growth.
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