Commercial listings / Investment / For sale
266 Romaine Street, Peterborough, ON K9J 2C5
$2,990,000
- Property type
- Investment
- Transaction
- For sale
- Location
- Peterborough, Peterborough
- Building area
- 15,000 Square Feet
- Lot size
- 0.348 Feet
- MLS® number
- X13866910
Description
Excellent opportunity to acquire a quality purpose built 15-plex with convenient central location. Close to downtown, Lansdowne St., Memorial Center, Farmers Market, YMCA, parks, transit and many other community amenities. Multi-unit building includes 12-2 bedroom apartments and 3-1 bedroom apartments, on site laundry and tenants personal storage lockers on each floor. Also included is on site parking for 1 vehicle per apartment, fridge and stove in each unit and 4 apartments have walkout to balconies. There is a significant upside to rental income upon leasing turnover as current rents would see a 50%+ increase to present market rents.
Listing brokerage: Century 21 United Realty Inc.
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