416-756-1000
40
$519,900 Sale
Listed 1 day
649 CHARLOTTE STREET
· 5
· 3.0
· 6
· 0 - 699
Key Facts
Key facts for 649 CHARLOTTE STREET
Property Type
Apartment, Triplex
Parking
Garage: No, 6 parking
MLS #
X12495148
Size
0 - 699 sqft
Basement
Full
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
Introducing 649 Charlotte St, Peterborough - an exceptional fully tenanted triplex ideally located close to downtown, the hospital, and all of Peterborough's key amenities. This property combines modern updates, solid income, and investment versatility. The main 3-bedroom unit (approx. 1,200 sq. ft....) has been renovated top-to-bottom and is currently rented for $2,100/month plus hydro. It features its own forced-air gas furnace and separate hydro meter, ensuring efficient operation. The two bachelor apartments are fully leased at $863/month and $850/month (both inclusive), sharing a secondary gas furnace and also separately metered for hydro. With an annual gross income of $45,756 and estimated annual expenses of $14,223 (including taxes, utilities, and insurance), the property generates a strong net operating income of approximately $31,500. Parking is available at both the front and rear, providing convenience for tenants. This well-maintained, income-producing triplex offers an excellent opportunity to acquire a turnkey investment in a prime Peterborough location. (id:10452)
Similar Properties (No results)
Room Types
Bedroom 2
-
Dimensions 3.66 m x 2.74 m
107.94 sqft
Bedroom 3
-
Dimensions 2.74 m x 2.44 m
71.96 sqft
Kitchen
-
Dimensions 4.27 m x 7.01 m
322.19 sqft
Listing courtesy of: AFFINITY GROUP PINNACLE REALTY LTD.
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