747 Water St

FOR SALE
$599,900
Sold
$900,000
747 Water  St, Peterborough
747 Water  St
747 Water  St
747 Water  St
747 Water  St
747 Water  St
747 Water  St
747 Water  St
747 Water  St
747 Water  St
7 + 2
BEDROOMS
4
BATHROOMS
1 + 1
KITCHENS
13 + 6
ROOMS
X6951647
MLSID
Contact Us
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-03-30 2022-04-02 3 $599,900 $900,000 Sold
2022-03-31 2022-04-02 3 $599,900 $900,000 Sold
Property Description
Fantastic Investment Opportunity With This 9 Room Duplex. Completely Renovated Top To Bottom In 2012 This Building Offers An Up To Date Rental Situation. Currently Fully Rented To Trent University Students Until April 2023 And Producing $5500 Per Month With No Vacancy Over The Last Several Years. This Home Underwent A Complete In-Depth Renovation In 2012 Including Full Electrical, Plumbing, Heating, Windows, Insulation, Kitchens, Bathrooms, Drywall And Flooring Etc. All Approved By The City Of Peterborough Building, Electrical Safety Authority, And Peterborough Fire Department. Located On Water Street With Easy Access To The Trent University Express Bus Right Out Front And All Amenities Of Peterborough's Downtown Core. This Property Is A Good Income Producer With Low Expenses And Easy Upkeep. Home Inspection And Floor Plans Available.
Property Details
Street
Community
Property Type
Detached, 2 1/2 Storey
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FOR SALE
This charming legal triplex offers a unique investment opportunity in a highly sought-after neighborhood, surrounded by picturesque single-family homes, top-rated schools, scenic parks, and beautiful beaches. The property features three distinct units: a cozy one-bedroom, a two-bedroom, and a three-bedroom unit that is currently tenant-occupied, providing immediate rental income. While the major areas of the building have been updated, the interior of the units are ready for a fresh touch, presenting an opportunity for customization and improvement to maximize rental potential. Each unit offers a functional layout and abundant natural light, ideal for creating inviting living spaces. With its prime location, this triplex is perfect for investors looking to capitalize on the demand for rental properties in this vibrant community. The surrounding amenities make it a desirable choice for families and professionals alike, ensuring a steady stream of tenants. Don't miss this chance to enhance the vacant units and unlock the full potential of this triplex in a thriving area!
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