303 Brock St, Peterborough, Ontario K9H 2R2

$3,400,000
9
BD
19
BA
List Price
$3,400,000
MLS#
X7248166
Status
A
Type
Multifamily
SubType
Multiplex
Style
2 1/2 Storey
Bedrooms
9
Bathrooms
19
Province
Ontario
Municipality
Peterborough
Area
Peterborough
Neighborhood
Downtown
Subdivision
Brock/Rubidge

Property Description

This is an outstanding opportunity to own this 12 unit apartment complex. Redeveloped only 11 years ago this building is completely up to date. All units are above average size and quality. 7 of the 12 units are multi-level with either 3rd floor loft bedroom/bathrooms or basement recroom, bedroom & bath. All units have 6 appliances including in suite laundry. Each unit has outdoor space with a balcony or patio & 14 parking spots. Separate water, sewer and hydro billed to each tenant and individual heat controls for each tenant. 12 gas hot water tanks (owned) and fire alarm systems are all up to date. This property provides a great income of $263,340.00 gross a year with room for increases. (Utilities 11,282, gas boiler and hot water) (Tax $32,053) (Maintenance $5,266) (Insurance $5,550) No vacancy over last 5 years. Everything here is in excellent condition and ready to go. Please see full iGuide floor plans & virtual tour.

Additional Information

Taxes
$32,053
Water
Municipal
Gas
Y
Heat Type
Water
Heat Source
Gas
Air Conditioning
Window Unit
Extras
4 x 1 Bedroom apartments, 5 x 2 Bedroom apartments, 2 x 3 Bedroom apartments, 1 x 4 Bedroom apartment
Rooms
24
Family Room
N
Kitchens
9
Exterior
Brick
Garage Type
None
Pool
None
Lot Frontage
111.98
Parking Spaces
14
Legal Description
PT LTS 12 & 13 W/S GEORGE ST & S/S BROCK ST PL 1
Zoning
SP 345

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of ROYAL LEPAGE FRANK REAL ESTATE.