266 Romaine Street

Peterborough, ONMulti-family
$2,990,000
MLS® X13866910
Multi-family[object Object]
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About This Property

Excellent opportunity to acquire a quality purpose built 15-plex with convenient central location. Close to downtown, Lansdowne St., Memorial Center, Farmers Market, YMCA, parks, transit and many other community amenities. Multi-unit building includes 12-2 bedroom apartments and 3-1 bedroom apartments, on site laundry and tenants personal storage lockers on each floor. Also included is on site parking for 1 vehicle per apartment, fridge and stove in each unit and 4 apartments have walkout to balconies. There is a significant upside to rental income upon leasing turnover as current rents would see a 50%+ increase to present market rents. (id:63604)

Key Facts

Type
Multi-family
Size
15,000 sqft
Lot
0.348
Property Details 11 details
Living area
15,000 sq. ft.
Property
Multi-family · Attached
Property subtype
Multi-family
Structure type
Multi-Family
Attached status
Attached
Heating
Baseboard heaters
Fireplace
No
Lot dimensions
0.348
Lot area
0.35 acres
Frontage
66 feet
Taxes
$44,000.00 (2,026)
Zoning
R1, R2, R3, R4
Water source
Municipal water
Mortgage & Affordability Estimate monthly costs
Mortgage Tools Buyer/Seller Snapshot
Purchase price$2,990,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Town Ward 3
City
Peterborough
Postal code
K9J 2C5
Nearby
Cross Streets: Park St and Aylmer St. ** Directions: Take Park Street to Romaine Street, turn east.
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