801 Water St
Northcrest, Peterborough, K9H 3N7
FOR SALE
$599,900
Sold
$781,000
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8
BEDROOMS2
BATHROOMS2
KITCHENS12
ROOMSX5510566
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-02-23 | 2022-03-02 | 8 | $599,900 | $781,000 | Sold |
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Property Description
Well Respected Legal Duplex In Prime North End Water Street Location. Two 4 Bed 2 Bath Units & Both Are Currently Rented With 4 Students Per Unit. Both Upper & Lower Units Are Bright, Spacious, & Feature 4 Bdrms, Eat In Kitchens, 2 Bthrms, Laundry, & Living Room Space. Other Updates Inc New Roof 2018 & Skylight 2018. Property Is Fenced & Features Detached Garage For Parking Or Storage. Current Income Of $55,680/Year. Tenants Pay Hydro - Separate Hydro Meters.
Extras
Owner Pays Enbridge $1,130.41 (2021), Water $1696.33 (2021). Turn Key Investment Opportunity In Prime Location Just Minutes To Trent University And Both North End And Downtown Amenities.
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Similar Listings
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.
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