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Dan Parnell
Dan Parnell
Don’t change homes without me!
MLS®: S12567720 Status: For sale

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Royal Lepage Real Quest Realty Limited Brokerage - Orillia

Dan Parnell
Sales Representative

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Telephone:
(705) 327-9999

Cellular:
(705) 330-7928

Toll Free:
(866) 933-9733


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$2,980,000
Location:

2 Tessier Drive, Penetanguishene Ontario, L9M1V4

2 Tessier Drive, Penetanguishene Ontario
Description:
If you are looking for an absolutely turn key 12-unit apartment building, this is it. Priced at a 6.2 cap rate. This building has had extensive renovations in the past 5 years. You will not find a better investment opportunity. 9 one-bedroom apts and 2 one-bedroom with dens and 1 two-bedroom with new kitchens, bathrooms, flooring, doors, trim, some new electrical and plumbing, drywall, heating, laundry room, security room, paved parking, appliances, fire and smoke system, and revamped decks. Great downtown Penetanguishene location, walking distance to shopping, restaurants, and a beautiful trail system along the waterfront park on Georgian Bay.Very easy to find quality tenants in this location. Minimum 36 hours' notice to show the building. First visit, we will set up only 3 apartments to give you a good feel of the property. Listing agent must be present for all showings. Financials available upon request. (id:2471)
Property:
Type: Multi-family
Lot Dimensions: 94 x 93 FTAcreage: 94 x 93 FT|under 1/2 acre
Waterfront Type: Waterfront
View Type: City view, View of water
Sewer: Sanitary sewerWater: Municipal water
Structures: Deck
Parking Type: No Garage, Shared
Structure:
Style: OtherSquare Footage: 5000 - 100000 sqft
Bedrooms: 13Bathrooms: 12
Heating: Baseboard heaters
Heating Type: Electric
Cooling Type: None
Exterior: Brick, Vinyl siding
Foundation Type: Block
Features:
Level lot Flat site Dry
Paved yard School Bus   
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2 Tessier Drive, Penetanguishene Ontario

Listing Office: Team Hawke Realty

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