Welcome to the heart of growing and flourishing downtown Millbrook. This mixed-use building is perfect for the discretionary investor looking to access the rental and commercial market in the area. The property boasts 4 large residential units, 2 thriving commercial units and 1 exterior garage (used as storage presently). All units are occupied with the majority at market rents. Each tenant has been properly vetted and takes pride in the property. The present owner has spent close to $300K on renovations and upgrades to the building. All tenants pay their own heat/hydro making the monthly costs favorable.
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
Other
Total Approx Floor Area:
< 700
Depth:
97'29.6 m
Frontage:
37'11.3 m
Direction Faces:
North
Bedrooms:
8
Bathrooms:
7.0
Water supply:
Municipal
Kitchens:
5
Bedrooms Above Grade:
8
Kitchens Above Grade:
5
Rooms Above Grade:
0
Ensuite Laundry:
No
Zoning:
CMU1
Heating type:
Baseboard
Heating Fuel:
Electric
Foundation:
Stone
Roof:
Asphalt Rolled
Basement:
Crawl Space
Fireplace/Stove:
No
Garage:
Detached
Garage Spaces:
1.0
Parking Features:
Lane, Private
Parking Spaces:
4
Total Parking Spaces:
5.0
Family Room:
No
Possession Details:
flexible
Pool:
None
HST Applicable To Sale Price:
In Addition To
Taxes:
$4,712 /
2024
Assessment:
$- /
-
Cavan Monaghan
Millbrook
Peterborough
Water Heater Owned, Separate Hydro Meter, Water Meter
Hot Water Tanks (owned). 4 stoves, 4 fridges (residential units)
Tenants' personal belongings. All appliances, display cabinets and fixtures located in the commercial units are the property of the tenants.
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