8 Bedroom
4 Bathroom
3500 - 5000 sqft
Fireplace
None
Baseboard Heaters
$975,000
Located in the heart of Peterborough, this well-positioned fourplex offers strong immediate cash flow supported by reliable tenants. The property features a diverse unit mix consisting of one one-bedroom, two two-bedroom, and one three-bedroom unit, with the three-bedroom unit currently vacant and ready for lease at market rent. Once stabilized, the property is projected to achieve a 6.4% cap-rate. Each suite operates on individual baseboard electric heating, with Unit 1 uniquely equipped with its own furnace. All units have separate hot water tanks, and hydro is separately metered, with sub-panels installed for Units 3 and 4. All tenants are responsible for their own utilities, minimizing operating costs and improving net performance.With its balanced unit mix, solid rental structure, and strong in-place income, this property represents a turnkey investment opportunity in a growing and well-established community, ideal for investors seeking dependable returns and long-term stability. (id:56087)
Property Details
|
MLS® Number
|
X12469712 |
|
Property Type
|
Multi-family |
|
Community Name
|
Town Ward 3 |
|
Equipment Type
|
Water Heater |
|
Parking Space Total
|
5 |
|
Rental Equipment Type
|
Water Heater |
Building
|
Bathroom Total
|
4 |
|
Bedrooms Above Ground
|
8 |
|
Bedrooms Total
|
8 |
|
Age
|
100+ Years |
|
Amenities
|
Separate Electricity Meters |
|
Appliances
|
Dryer, Stove, Washer, Refrigerator |
|
Basement Development
|
Partially Finished |
|
Basement Type
|
N/a (partially Finished) |
|
Cooling Type
|
None |
|
Exterior Finish
|
Brick Veneer |
|
Fireplace Present
|
Yes |
|
Foundation Type
|
Concrete |
|
Heating Fuel
|
Electric |
|
Heating Type
|
Baseboard Heaters |
|
Stories Total
|
3 |
|
Size Interior
|
3500 - 5000 Sqft |
|
Type
|
Triplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Irregular
|
39 X 114.2 Acre |
|
Size Total Text
|
39 X 114.2 Acre |
|
Zoning Description
|
R4 |
Utilities
|
Electricity
|
Installed |
|
Sewer
|
Installed |
https://www.realtor.ca/real-estate/29005708/541-aylmer-street-n-peterborough-town-ward-3-town-ward-3
