480-484 Weller Street

Peterborough K9H 2N6

$2,195,000

About the Property

Secure this CashFlowing Asset and take advantage of decreasing interest rates! This coveted Morrow Estate contains 12 apartment units and over 10,000 sq ft of finished space with solid Cash Flow in place and easily financed with commercial terms. New Buyer has plenty of room to improve the Gross income and property to maximize value and perform a traditional value-add strategy (BRRR). You'll be proud to own this trophy property on prestigious Weller Ave., highly sought after by tenants and residents of Peterborough's historic West End.

Extra info

Surface parking for 14 cars.

Property Details

Property Type:

Apartment

Land Size:

132.00 x 294.00 FT

Water Included:

Municipal

Garage Type:

Single Detached

Annual Property Taxes:

$20,971

Cross Street:

Park St. N.

Freestanding:

Y

Status:

For Sale

Community:

Downtown

Use:

Apts - 6 To 12 Units

Listing ID:

X8133722

Price History

Date

12th March 2024

Event

Listed For Sale

Price

$2,195,000

Time On Market

6 months

Harpreet Rakhra

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    Harpreet Rakhra

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