Property Details
2 TESSIER DRIVE, Penetanguishene, Ontario, L9M1V4
Coldwell Banker Peter Benninger Realty - Kitchener
Cell: 519-901-2061
Tel: 519-742-5800
$2,980,000 - For sale
If you are looking for an absolutely turn key 12-unit apartment building, this is it. Priced at a 6.2 cap rate. This building has had extensive renovations in the past 5 years. You will not find a better investment opportunity. 9 one-bedroom apts and 2 one-bedroom with dens and 1 two-bedroom with new kitchens, bathrooms, flooring, doors, trim, some new electrical and plumbing, drywall, heating, laundry room, security room, paved parking, appliances, fire and smoke system, and revamped decks. Great downtown Penetanguishene location, walking distance to shopping, restaurants, and a beautiful trail system along the waterfront park on Georgian Bay.Very easy to find quality tenants in this location. Minimum 36 hours' notice to show the building. First visit, we will set up only 3 apartments to give you a good feel of the property. Listing agent must be present for all showings. Financials available upon request. (id:2471)
Location DescriptionCross Streets: Main Street. ** Directions: Main Street to Tessier Drive.
- Property Address:2 TESSIER DRIVE, Penetanguishene, Ontario, L9M1V4
- Property Type:Multi-family
- Community Name:Penetanguishene
- Lot Size:94 x 93 FT|under 1/2 acre
- Sewage Type:Sanitary sewer
- Water Type:Municipal water
- Driveway:No Garage, Shared
- Parking Space Total:14
- Waterfront Type:Waterfront
- Structure Style:Other
- Bedrooms:13
- Bathrooms:12
- Floor Space:5000 - 100000 sqft
- Heating Type:Electric, Baseboard heaters
- Storeys:3
- Basement Type:Crawl space (Unfinished)
- Foundation Type:Block
- Cooling Type:None
- Appliances Included:Water Heater, Dryer, Alarm System, Two stoves, Washer, Two Refrigerators
- Exterior Type:Brick, Vinyl siding
- Amenities Nearby:Marina, Park, Place of Worship
REALTOR®
Coldwell Banker Peter Benninger Realty - Kitchener
Cell: 519-901-2061
Tel: 519-742-5800
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.
- Map 2 TESSIER DRIVE, Penetanguishene, Ontario, L9M1V4
- Neighbourhood Information
2 TESSIER DRIVE, Penetanguishene, Ontario, L9M1V4
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