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. (id:51158)
MLS# X9385613 – FOR SALE : 600 Water Street Downtown Peterborough (downtown) – 7 Beds, 3 Baths Duplex ** 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. (id:51158) ** 600 Water Street Downtown Peterborough (downtown) **
| MLS® Number | X9385613 |
| Property Type | Single Family |
| Community Name | Downtown |
| Amenities Near By | Park, Public Transit, Schools |
| Community Features | Community Centre, School Bus |
| Features | Cul-de-sac, Lane |
| Parking Space Total | 4 |
| Bathroom Total | 3 |
| Bedrooms Above Ground | 7 |
| Bedrooms Total | 7 |
| Amenities | Separate Electricity Meters, Separate Heating Controls |
| Basement Development | Unfinished |
| Basement Type | N/a (unfinished) |
| Exterior Finish | Brick |
| Foundation Type | Stone |
| Half Bath Total | 1 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Type | Duplex |
| Utility Water | Municipal Water |
| Attached Garage |
| Acreage | No |
| Land Amenities | Park, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 102 Ft |
| Size Frontage | 35 Ft |
| Size Irregular | 35 X 102 Ft |
| Size Total Text | 35 X 102 Ft|under 1/2 Acre |
| Zoning Description | R3 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Primary Bedroom | 5.43 m | 4.1 m | 5.43 m x 4.1 m |
| Second Level | Bedroom 2 | 3.9 m | 4.11 m | 3.9 m x 4.11 m |
| Second Level | Bedroom 3 | 3.9 m | 2.88 m | 3.9 m x 2.88 m |
| Second Level | Bedroom 4 | 2.25 m | 2.84 m | 2.25 m x 2.84 m |
| Second Level | Bathroom | 2.25 m | 1.03 m | 2.25 m x 1.03 m |
| Main Level | Kitchen | 3.61 m | 3.45 m | 3.61 m x 3.45 m |
| Main Level | Living Room | 5.33 m | 4.05 m | 5.33 m x 4.05 m |
| Main Level | Bathroom | 1 m | 1.5 m | 1 m x 1.5 m |
| Main Level | Bedroom | 3.9 m | 4.82 m | 3.9 m x 4.82 m |
https://www.realtor.ca/real-estate/27512603/600-water-street-peterborough-downtown-downtown
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Tony Sousa | 416-477-2620 | tony@sousasells.ca
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