266 Romaine Street, Peterborough, ON K9J 2C5

$2,990,000

Investment
MLS® X13866910

Listing Brokerage: Century 21 United Realty Inc.

Description

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.

Property details

MLS® number: X13866910
Transaction: For Sale
Property type: Commercial
Style / use: Investment
Community: Town Ward 3
City: Peterborough
Building area: 15000 Square Feet
Lot width: 66 Feet
Lot depth: 233.58 Feet
Approximate age: 31-50
Heating: Baseboard
Cooling: No
Garage: None
Taxes: $48,201.73
Tax year: 2026
Business type: Apts - 13 To 20 Units
Listing brokerage: Century 21 United Realty Inc.

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