485-487 Sherbrooke St
Otonabee, Peterborough, K9J 2P2
FOR SALE
$485,000
Sold
$465,000
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4
BEDROOMS3
BATHROOMS3
KITCHENS10 + 1
ROOMSX8336240
MLSIDContact Us
Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-05-14 | 2024-09-19 | 128 | $485,000 | $465,000 | Sold |
| 2024-05-14 | 2024-09-06 | 115 | $485,000 | $465,000 | Sold |
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Property Description
Approximately 7% Cap and "Additional Residential Unit Potential". This side-by-side triplex has 2 one bedroom units at 485 that are currently vacant. Both have been freshly painted and are ready for new tenants at market rents. The landlord pays utilities on this side. 487 is a two storey, two bedroom unit, with long term tenants that would like to stay. They pay $982 plus heat, hydro, water and sewer, as well as yard maintenance. The property has plenty of potential, as the lot is 240 feet deep. This would potentially allow for additional Residential Units to be build out back. Great potential here for the investor, or live in one unit and rent the others. Home Inspection available and easy to show. (Potential Buyers to consult the City of Peterborough regarding any ARU potential)
Property Features
Campground, Hospital, Park, Place Of Worship, Public Transit, Rec Centre
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Property Details
Street
Community
City
Property Type
Triplex, 2-Storey
Lot Size
49' x 240'
Fronting
South
Taxes
$3,860 (2023)
Basement
Unfinished
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 10.93' x 12.20' | |
| Living | Main | 14.30' x 11.78' | |
| Br | Main | 8.92' x 11.19' | |
| Kitchen | Main | 13.45' x 12.73' | |
| Living | Main | 16.73' x 13.78' | |
| Br | 2nd | 8.46' x 11.88' | |
| Br | 2nd | 7.64' x 12.27' | |
| Living | 2nd | 16.86' x 10.86' | |
| Br | 2nd | 9.38' x 10.17' | |
| Kitchen | 2nd | 10.89' x 12.60' | |
| Utility | Bsmt | 11.75' x 12.73' |
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