$1,299,000
Available - For Sale
Listing ID: X11993746
38 Victoria Stre , Asphodel-Norwood, K0L 2V0, Peterborough
| This well-maintained 6-unit multiplex building in Norwood presents a high-potential, income-generating investment opportunity. Conveniently located near amenities, schools, and public transportation, the property features a desirable unit mix of four 2-bedroom apartments and two 1-bedroom apartments, all of which are currently rented. Tenants are responsible for their own electric heating, keeping utility expenses low for the owner. The building offers practical amenities, including in-building laundry, four lockers designated for the 2-bedroom units, and in-unit storage for one of the 1-bedroom units. With surface parking available, tenants benefit from 12 dedicated parking spots. Additionally, the property holds strong investment potential, with a preliminary plan in place for possibility of constructing another residential building that would mirror the existing structure. Buyer and buyer's agent to do their own due diligence .Situated in a developing neighborhood, this property offers long-term growth and appreciation potential, further enhancing its value as a strategic real estate investment. |
| Price | $1,299,000 |
| Taxes: | $3888.02 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 38 Victoria Stre , Asphodel-Norwood, K0L 2V0, Peterborough |
| Postal Code: | K0L 2V0 |
| Province/State: | Peterborough |
| Legal Description: | PT LT O PL 6 NORWOOD PT 2 & 3 45R3242; S |
| Directions/Cross Streets: | Victoria street ,Elm Street & Trans-Canada HWY |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | T |
| Total Area: | 1.14 |
| Total Area Code: | Acres |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Washrooms: | 0 |
| Heat Type: | Electric Forced Air |
| Central Air Conditioning: | No |
| Sewers: | Sanitary |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| CENTURY 21 INNOVATIVE REALTY INC. |
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At a Glance:
| Type: | Com - Investment |
| Area: | Peterborough |
| Municipality: | Asphodel-Norwood |
| Neighbourhood: | Norwood |
| Tax: | $3,888.02 |
| Fireplace: | N |
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