15 Elm ST new

Asphodel-norwood,ON K0L 2W0

$ 1099000

- Bed

- Bath

1 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 1 sqft

Price per Sqft $1,099,000

Subdivision Norwood

MLS Listing ID X11993735

Annual Tax Amount $4,176

Tax Year 2024

Property Sub-Type Investment

Property Description

This well-maintained 6-unit multiplex building in Norwood presents a high-potential, income-generating opportunity. Ideally located near amenities, schools, and public transportation, the property consists of four spacious 2-bedroom units and two 1-bedroom units. Tenants are responsible for their own electric heating, reducing utility costs for the owner. The building features on-site laundry facilities, four lockers designated for the 2-bedroom units, and additional in-unit storage for one of the 1-bedroom apartments. With surface parking available, the property boasts 12 parking spots for tenant convenience. Additionally, the building offers renovation potential, enhancing both rental income and long-term appreciation in this developing neighborhood.

Location

Province ON

County Peterborough

Community Norwood

Area Peterborough

Interior

Cooling No

Exterior

Utilities Available Yes

Lot Frontage 150.0

Lot Depth 117.54

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