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:4069)
Address
600 WATER STREET
List Price
$749,900
Property Type
Single Family
Type of Dwelling
Duplex
Area
Ontario
Sub-Area
Peterborough (downtown)
Bedrooms
7
Bathrooms
3
Lot Size
35 x 102 FT Sq. Ft.
MLS® Number
X9385613
Listing Brokerage
CENTURY 21 UNITED REALTY INC.
Basement Area
N/A (Unfinished)
Postal Code
K9H3M8
Zoning
R3
Site Influences
Park, Public Transit, Schools
Features
Cul-de-sac, Lane
Amenities
Separate Electricity Meters, Separate Heating Controls
