25 King Street E Cavan Monaghan, Ontario L0A 1G0

$1,600,000

This property delivers stability and long--term upside in today's uncertain financial markets. The town of Millbrook is growing fast. Strategically located just minutes from Highway 115, 15 minutes from Peterborough and under an hour to the GTA. It is a desirable, commuter-friendly town with rising demand for quality rentals. Located in the heart of Downtown Millbrook on a picturesque park-like setting with Baxter Creek running through the property. Steps to walking trails, shops, restaurants, library and more. The property features four 2 bedroom units and four 1 bedroom units, 5 covered balconies, and ample parking. Tenants pay hydro, each unit is separately metered. Parking for 10 vehicles. (id:59743)

Business

Business Type	Residential
Business Sub Type	Apartments

Property Details

MLS® Number	X12259918
Property Type	Multi-family
Community Name	Millbrook Village
Features	Irregular Lot Size

Building

Heating Fuel	Natural Gas
Heating Type	Forced Air
Size Interior	7,337 Ft2
Type	Multi-family
Utility Water	Municipal Water

Land

Acreage	No
Size Depth	197 Ft ,3 In
Size Frontage	91 Ft ,6 In
Size Irregular	91.53 X 197.31 Ft ; 91.53 X 199.55 X 113.83 X 197.31
Size Total Text	91.53 X 197.31 Ft ; 91.53 X 199.55 X 113.83 X 197.31
Zoning Description	R4

https://www.realtor.ca/real-estate/28552304/25-king-street-e-cavan-monaghan-millbrook-village-millbrook-village