$485,000
FOR SALE

Triplex

Bedrooms: 4Bathrooms: 3Lot: 48.83 x 240 ft

485-487 Sherbrooke Street
Peterborough (Otonabee), ON K9J 2P2

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) (id:47421)
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Listed By ROYAL LEPAGE FRANK REAL ESTATE
Data Provided By Central Lakes Association of REALTORS®
MLS® Listing Number X8336240
Last Updated Sep 03, 2024
Property Summary
Property Type Triplex

More like this:
Community Otonabee
Price History

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Detailed Information
Bedrooms 4
Bathrooms 3
Lot 48.83 x 240 ft
Amenities Nearby Hospital, Park, Place of Worship, Public Transit
Community Features Community Centre
Features Level
Listing Contract Date 2024-05-14
Location Description Park St N and Sherbrooke St
# of Parking Spaces 6
Property Type Single Family
Transaction Type For sale
Zoning Description R2
Building
Appliances Water Heater - Tankless, Refrigerator, Stove
Basement Development Unfinished
Basement Type N/A (Unfinished)
Exterior Finish Vinyl siding
Foundation Type Stone
Heating Fuel Natural gas
Heating Type Forced air
Stories Total 2
Type Triplex
Utility Water Municipal water
Rooms
Room Level Dimensions Notes
BedroomSecond level3.62 m x 2.58 m
BedroomSecond level3.74 m x 2.33 m
Living roomSecond level3.31 m x 5.14 m
BedroomSecond level3.1 m x 2.86 m
KitchenSecond level3.84 m x 3.32 m
Utility roomBasement3.88 m x 3.58 m
KitchenMain level3.72 m x 3.33 m
Living roomMain level3.59 m x 4.36 m
BedroomMain level3.41 m x 2.72 m
KitchenMain level3.88 m x 4.1 m
Living roomMain level4.2 m x 5.1 m
Utilities
Type Description
CableInstalled
SewerInstalled
Land
Total Size 48.84 x 240 FT
Amenities Hospital, Park, Place of Worship, Public Transit
Sewer Sanitary sewer
Size of Irregular Land 48.84 x 240 FT

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