Take advantage of a fantastic 7.26% CAP Rate at 2,4,6,& 8 -185 Parkhill!+$3,000/MONTH CASH FLOW! Rare opportunity to own an exceptionally maintained, turnkey 4-plex CASH COW in Peterborough on nearly half an acre - professionally managed & offered for sale for the first time in 28 years. Income of +$85,000/year. EXTENSIVELY RENOVATED INSIDE & OUT over the past 15 years, including METAL ROOFS, WINDOWS, ELECTRICAL wiring & panels, PLUMBING, DRYWALL, VINYL SIDING, furnaces, central air conditioners, full interior renovations, attractive composite decks, fences & much more. Units #2 & #4 are single-storey 2-bed, 1-bath units w/partial basements. Units #6 & #8 are spacious 1.5-storey 2-bed, 1-bath units featuring large primary bedrooms on the 2nd floor, partial basements w/laundry rooms. 2 Houses with 4 semi-detached all above ground units. Each unit enjoys its OWN PRIVATE, FULLY FENCED BACKYARD & 2 PARKING SPACES. Separate meters and tenants pay all utilities. A well-maintained, substantially updated 4-plex offering the combination investors look for: STRONG CASH FLOW, FOUR 2-BEDROOM ALL ABOVE GROUND UNITS, PRIVATE YARDS, AMPLE PARKING, EXTENSIVE CAPITAL IMPROVEMENTS and LONG-TERM RENTAL. Buyer to assume all existing tenancies. Excellent central location within walking distance of amenities & public transit, w/convenient access to Trent University & Peterborough's Colleges, walking/bike lane provide convenient south access to Antrim Street. Everything is done & done well! Just buy and enjoy solid cash flow from day 1!
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR, REALTORS, and the REALTOR logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.
Tour in person or virtually. Free, with no obligation.
