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Town Ward 3, Peterborough, Ontario K9H 3H2
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!
Listing activity for 185 Parkhill Rd, Peterborough, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $799,900 | N/A | Sc | X13825698 |
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Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Province of Ontario open data
Province of Ontario open data
Province of Ontario open data
Province of Ontario open data · Government of Canada open data
Ontario Energy Board · Innovation, Science and Economic Development Canada
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Monthly Payment
$3,667
Total monthly payment
$4,114
Break-even down payment
100%
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$799,900
$799,900
CAD
Estimate unavailable
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