$1,180,000
$1,250,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
32 King ST E Cavan Monaghan, ON L0A 1G0
8 Beds
7 Baths
Key Details
Sold Price $1,180,000
Property Type Multi-Family
Sub Type Multiplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft < 700
Subdivision Millbrook Village
MLS Listing ID X12078984
Sold Date 07/29/25
Style Other
Bedrooms 8
Annual Tax Amount $4,712
Tax Year 2024
Property Sub-Type Multiplex
Property Description
50K Price Reduction. 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.
Location
Province ON
County Peterborough
Community Millbrook Village
Area Peterborough
Zoning CMU1
Rooms
Family Room No
Basement Crawl Space
Kitchen 5
Interior
Interior Features Water Heater Owned, Separate Hydro Meter, Water Meter
Cooling Central Air
Exterior
Parking Features Lane, Private
Garage Spaces 1.0
Pool None
Roof Type Asphalt Rolled
Lot Frontage 37.0
Lot Depth 97.0
Total Parking Spaces 5
Building
Foundation Stone
Others
Senior Community Yes
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