544 CHARLOTTE STREET Active

Peterborough Central (old West End),ON K9J2W5

$ 649000

6 Beds

3 Baths

2000 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $324

Subdivision 3 Old West End

MLS Listing ID X12057439

Bedrooms 6

Half Baths 1

Originating Board Central Lakes Association of REALTORS®

Property Description

Welcome to 544 Charlotte Street, a high-yield income duplex in central Peterborough. This all brick 2-1/2 storey home features a full basement & two separate garages, generating $50,760 in annual rental income with additional potential from the detached garage. The property includes two fully independent rental units, each with a separate hydro meter & two full kitchens. The main level tenant occupies a spacious five bedroom unit featuring a bright living & dining area with large south facing windows, a gas fireplace & a well equipped kitchen. This unit also has a laundry room in the basement with a three year old dryer & large laundry tubs. The upper level tenant occupies a bright one bedroom apartment with a functional kitchen, a small storage space, a large living area filled with natural light & south-facing windows that offer an excellent view. The home also features a large covered wrap around porch with two interior access doors, providing additional outdoor space for tenants. The property includes an attached garage, currently rented and a detached garage that presents an additional income opportunity. A mostly fenced in patio area adds privacy & outdoor enjoyment. Recent upgrades include most windows replaced in the last three years, a recently replaced garage door & recent roof updates. The furnace was replaced in 2011. Centrally located with easy access to transit, restaurants & shopping, this fully rented property offers strong cash flow & long term investment potential. (id:24570)

Location

State ON

Rooms

Kitchen 2.0

Extra Room 1 Second level 3.23 m X 4.88 m Bedroom

Extra Room 2 Second level 3.02 m X 3.84 m Bedroom

Extra Room 3 Second level 3.02 m X 3.68 m Bedroom

Extra Room 4 Second level 3.05 m X 2.54 m Bedroom

Extra Room 5 Second level 2.36 m X 2.69 m Bathroom

Extra Room 6 Third level 6.32 m X 1.83 m Living room

Interior

Heating Forced air

Cooling Central air conditioning

Fireplaces Number 1

Exterior

Parking Features Yes

Community Features Community Centre,School Bus

View Y/N Yes

View City view

Total Parking Spaces 4

Private Pool No

Building

Story 2.5

Sewer Sanitary sewer

Others

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