Property Description

Welcome to an exceptional investment offering that combines location, potential, and impressive returns! Presenting a meticulously maintained property consisting of two adjacent buildings, totalling 36 units, nestled in the vibrant city of Peterborough. This unique investment gem is perfectly situated close to downtown, with easy access to major thoroughfares, ensuring high demand from tenants seeking convenience and connectivity.

Built in the early 80’s, these buildings boast solid construction and have been well-maintained throughout the years. Along with the existing income-generating units, the property includes a generous 45 parking spots, ensuring ample parking for residents and guests.

What sets this property apart is the substantial gap between the current rental rates and the market rents. With a remarkable 57% potential increase in rental income, there is significant room for immediate growth and enhanced cash flow. Bridging this gap presents a lucrative proposition for investors looking to maximize their returns.

Furthermore, the property encompasses excess land, offering intriguing future development potential. The seller is currently exploring various possibilities to unlock the added value of this prime parcel. Imagine the potential for expansion, additional units, or even alternative usage, making this investment even more enticing for forward-thinking investors.

We have created an informative video to provide you with a comprehensive understanding of the property’s financial prospects. In this video, we delve into the numbers, project the potential returns, and highlight the attractive cash flow this asset can generate. You can watch the video by scrolling down further.

We encourage you to contact us directly if you have any questions or require further information. We are happy to answer your queries, discuss the property in detail, or arrange a private viewing. For interested parties who wish to delve deeper, we can provide additional information upon signing a non-disclosure agreement (NDA).

Don’t miss out on this exceptional opportunity to invest in a well-located, income-generating property with tremendous growth potential. Contact us today and take the first step toward securing your financial success!