Realestate

Property Details

1 of 42
$1,673,900
813 Water St. & 11 Argyle Street, Peterborough, ON K9H 3N7
5 + 5
7
1
MLS®X13430648
Property Type
Residential Freehold
Sub Type
Multiplex
Heating
Baseboard
Cooling
Central Air
Lot Size
175 x 180 Feet
Approx Age
100+
Well-maintained 7-unit apartment building landmark investment opportunity available in central Peterborough location. Two buildings which include 7 individual apartments, each with their own entrances, hydro meters, fridges, and stoves. 2-car detached garage and large paved circular drive. 4,125 Sq. Ft building and 3,552 Sq. Ft. building included in this offer. 813 Water St has an updated roof. Current apartment setup for these buildings is 4 x 1-bedroom units, 2 x 2-bedroom units, and 1 x 4-bedroom unit. Excellent investment opportunity that is situated on a large level .65-acre lot with development potential/ space for additional units to be built.(Rent Amounts - Apt 1 - $1,625, Apt 2 - $1,250, Apt 3 - $1,625, Apt 4 - $1,300 + 4 Bedroom - $2,700, 813A - $1,300, 820 - $1,150). Great investment opportunity with strong gross income potential of $132,600.
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