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:50886)
BusinessType | Residential |
BusinessSubType | Apartments |
MLS® Number | X8133722 |
Property Type | Multi-family |
Community Name | Downtown |
AmenitiesNearBy | Public Transit |
BathroomTotal | 13 |
Appliances | Dishwasher, Dryer, Refrigerator, Two Stoves, Washer |
HeatingType | Radiant Heat |
Type | Multi-family |
UtilityWater | Municipal Water |
Acreage | No |
LandAmenities | Public Transit |
SizeDepth | 294 Ft |
SizeFrontage | 132 Ft |
SizeIrregular | 132 X 294 Ft ; Irregular Shape |
SizeTotalText | 132 X 294 Ft ; Irregular Shape |
ZoningDescription | R1 |
https://www.realtor.ca/real-estate/26609821/480-484-weller-street-peterborough-downtown-downtown
Contact us for more information
Paul D'abruzzo
Salesperson