Secure this CashFlowing Asset and take advantage of decreasing interest rates! This coveted Morrow Estate contains 12 apartment units and over 10,000 sq ft of finished space with solid Cash Flow in place and easily financed with commercial terms. New Buyer has plenty of room to improve the Gross income and property to maximize value and perform a traditional value-add strategy (BRRR). You'll be proud to own this trophy property on prestigious Weller Ave., highly sought after by tenants and residents of Peterborough's historic West End. |
Extras: Surface parking for 14 cars. |
Price | $2,099,900 |
Taxes: | $20971.00 |
Tax Type: | Annual |
Occupancy by: | Tenant |
Address: | 480-484 Weller St , Peterborough, K9H 2N6, Ontario |
Postal Code: | K9H 2N6 |
Province/State: | Ontario |
Legal Description: | PT LTS 3 & 4 PL 49 (PETERBOROUGH) & PT L |
Lot Size: | 132.00 x 294.00 (Feet) |
Directions/Cross Streets: | Park St. N. |
Category: | Apartment |
Use: | Apts-6 To 12 Units |
Building Percentage: | Y |
Total Area: | 0.00 |
Total Area Code: | Sq Ft |
Area Influences: | Public Transit |
Approximatly Age: | 100+ |
Washrooms: | 13 |
Heat Type: | Radiant |
Central Air Conditioning: | N |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
ROCK STAR REAL ESTATE INC. |
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Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Peterborough |
Municipality: | Peterborough |
Neighbourhood: | Downtown |
Lot Size: | 132.00 x 294.00(Feet) |
Approximate Age: | 100+ |
Tax: | $20,971 |
Baths: | 13 |