32 King St E
$1,399,900
$1,399,900

32 King St E

Millbrook, Cavan Monaghan, Peterborough $1,399,900

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8 Beds
7 Baths
Detached Garage
with 1 Spaces
Parking for 4
N Facing
Zoning: CMU1
MLS®#:
X9369567
Property Type:
Multiplex
Property Style:
Other
Area:
Peterborough
Community:
Millbrook
Taxes:
$4,712 / 2023
Added:
September 26 2024
Lot Frontage:
37.00
Lot Depth:
97.00
Status:
Active
Outside:
Brick
Year Built:
Basement:
Crawl Space
Brokerage:
ROYAL HERITAGE REALTY LTD.
Lot (Feet):

97

37

Intersection:
HWY 115 TO HWY 10 SOUTH. TURN RIGHT (EAST) ON KING ST
Rooms:
0
Bedrooms:
8
Bathrooms:
7
Fireplace:
N
Utilities
Water:
Municipal
Cooling:
Central Air
Heating Type:
Baseboard
Heating Fuel:
Electric

Listing 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.

Sale/Lease History of 32 King St E

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Neighbourhood

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Millbrook home prices

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Insights for 32 King St E

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* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)