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. (id:4069)
Address
480-484 WELLER STREET
List Price
$2,099,900
Property Type
Multi-family
Type of Dwelling
Multi-Family
Area
Ontario
Sub-Area
Peterborough (downtown)
Bathrooms
13
Lot Size
132 x 294 FT ; Irregular Shape Sq. Ft.
MLS® Number
X8133722
Listing Brokerage
ROCK STAR REAL ESTATE INC.
Postal Code
K9H2N6
Zoning
R1
Site Influences
Public Transit
