Listed by Re/Max Hallmark Chay Realty.

11 Peel Street is a Multiplex, 3-Storey and is currently for Sale @ $1,349,900. Taxes in 2024 were $5,000.00.

More homes for sale under 1.3M in Penetanguishene

Professionally managed 6-unit property, all but unit 2 at market rent. The 3-Storey on 11 Peel Street has 9 bedrooms, 7 bathrooms, and is located on a 173.58 x 54.78 ft loton < .50 acres in the community of Penetanguishene . Unit 1 is occupied by owner potential rent at $2200. Lake views nestled in the heart of town with easy access to all amenities. Approx. annual gross Income of $122,400 makes this an attractive opportunity for any investor. Units include 1-Huge 3 Bed Unit with basement, 1x2 Bed Unit, and 4x1 Bed units, each unit with its own hydro panel. Unit 1 has a new f/a furnace, S/S appliances, and washer/dryer. Units 2-6 are baseboard heated and all water heaters are owned. New metal roof, windows and deck in 2021 + cameras installed (as is). Ample parking spaces for 7-10 vehicles. Financials available upon request.

The address 11 Peel Street was listed for sale (MLS# S8222570) on Wednesday, April 10, 2024.