813 Water St. & 11 Argyle Street, Peterborough, ON K9H 3N7
Peterborough , K9H 3N7
$1,673,900.00
10 Bedrooms
7 Bathrooms
Residential Freehold
Property Details
| MLS Number | X13430648 |
| Property Type | Residential Freehold |
| City | Peterborough |
| City Region | Northcrest Ward 5 |
| Postal Code | K9H 3N7 |
| Cross Street | Water St & Argyle St. |
| Street Number | 813 Water St. & 11 |
| Street Name | Argyle |
| Lot Width | 180 ft |
| Lot Depth | 175 ft |
| Bedrooms | 10 |
| Bathrooms | 7 |
| Annual Tax | $12,589.00 |
| Sewer | Sewer |
| Occupant Type | Owner+Tenant |
Description
Well-maintained 7-unit apartment building landmark investment opportunity available in central Peterborough location. Two buildings which include 7 individual apartments, each with their own entrances, hydro meters, fridges, and stoves. 2-car detached garage and large paved circular drive. 4,125 Sq. Ft building and 3,552 Sq. Ft. building included in this offer. 813 Water St has an updated roof. Current apartment setup for these buildings is 4 x 1-bedroom units, 2 x 2-bedroom units, and 1 x 4-bedroom unit. Excellent investment opportunity that is situated on a large level .65-acre lot with development potential/ space for additional units to be built.(Rent Amounts - Apt 1 - $1,625, Apt 2 - $1,250, Apt 3 - $1,625, Apt 4 - $1,300 + 4 Bedroom - $2,700, 813A - $1,300, 820 - $1,150). Great investment opportunity with strong gross income potential of $132,600.
Selvan Puvaneswaranathan
Broker — REMAX Crossroads