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$ 1,350,000
Est. payment /mo
Active
32 King ST E Cavan Monaghan, ON L0A 1G0
8 Beds
7 Baths
UPDATED:
02/20/2025 12:16 AM
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Subdivision Millbrook
MLS Listing ID X11923756
Style Other
Bedrooms 8
Annual Tax Amount $4,712
Tax Year 2024
Property Sub-Type Multiplex
Property Description
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.
Location
Province ON
County Peterborough
Community Millbrook
Area Peterborough
Rooms
Family Room No
Basement Crawl Space
Kitchen 5
Interior
Interior Features Water Heater Owned, Separate Hydro Meter, Water Meter
Cooling Central Air
Fireplace No
Heat Source Electric
Exterior
Parking Features Lane, Private
Garage Spaces 1.0
Pool None
Roof Type Asphalt Rolled
Lot Frontage 37.0
Lot Depth 97.0
Total Parking Spaces 5
Building
Foundation Stone
Listed by ROYAL HERITAGE REALTY LTD.