Commercial listings / Investment / For sale

25 King Street E, Cavan Monaghan, ON L0A 1G0

$1,449,999

Property type
Investment
Transaction
For sale
Location
Cavan Monaghan, Peterborough
Building area
7,337 Square Feet
Lot size
0.47 Feet
MLS® number
X13522620

Description

This property delivers stability and long--term upside in today's uncertain financial markets. The town of Millbrook is growing fast. Strategically located just minutes from Highway 115, 15 minutes from Peterborough and under an hour to the GTA. It is a desirable, commuter-friendly town with rising demand for quality rentals. Located in the heart of Downtown Millbrook on a picturesque park-like setting with Baxter Creek running through the property. Steps to walking trails, shops, restaurants, library and more. The property features five 2 bedroom units and three 1bedroom units, 5 covered balconies, and ample parking. Tenants pay hydro, each unit is separately metered. Parking for 10 vehicles.

Listing brokerage: Re/Max Hallmark First Group Realty Ltd.

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