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Peterborough,ON K9H 3M8
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID X9385613
Style 2 1/2 Storey
Bedrooms 7
Annual Tax Amount $5,836
Tax Year 2024
Property Description
Are you searching for a great investment opportunity in the heart of downtown Peterborough? This charming duplex property that promises exceptional returns for savvy investors. This versatile corner lot boasts an attractive main house with 5 spacious bedrooms, offering ample living space for students or a larger family. Additionally, the upper unit presents a tidy 2-bedroom apartment, ideal for tenants seeking a cozy and independent living arrangement. The current configuration offers immediate rental income from the upper unit with the main being left vacant to allow for your own tenant selection or upgrades. One of the standout features of this property is the potential for further unit expansion. With a double car garage already in place, there is an excellent opportunity to convert the space into an additional living unit, maximizing the property's earning potential. Whether you choose to create a separate studio, an additional apartment, or an office space, this expansion option offers a significant advantage for increased rental income or flexible usage. Tenants will enjoy the proximity to Trent University, Little Lake, shopping centres, restaurants, entertainment venues, parks, and other amenities, making it an enticing choice for a variety of potential tenants. Don't miss out on the chance to capitalize on this thriving market. Schedule a viewing today to experience firsthand the vast potential this property holds.
Location
Province ON
County Peterborough
Rooms
Family Room No
Basement Unfinished
Kitchen 2
Interior
Interior Features Accessory Apartment,Separate Hydro Meter,Separate Heating Controls
Cooling None
Fireplace No
Exterior
Garage Lane
Garage Spaces 2.0
Pool None
Waterfront No
Waterfront Description None
Roof Type Asphalt Shingle
Parking Type Attached
Total Parking Spaces 4
Building
Unit Features Cul de Sac/Dead End,Park,Public Transit,Rec./Commun.Centre,School,School Bus Route
Foundation Stone