809 Nicholls Street, Peterborough, ON K9H 5T7 (Dumble Ave)

Price : $1,125,000.00 , MLS®# : X13473228

Description

Here is a rare opportunity to acquire a well-maintained all-brick five self-contained units in Peterborough's north end. This investment property features five 2-bedroom units with a strong history of long-term tenancy and consistent rental income. Additional benefits include on-site parking, recently updated roof, separate hydro meters and coin-operated laundry. Current income provides immediate cash flow, while future rental upside offers potential for increased returns over time. Whether you're expanding an existing portfolio or entering the multi-residential market, this five-unit property presents an excellent opportunity in great location with a potential gross income of $79,860. Current rents (Apt 1- $1135) (Apt 2 -$1295) (Apt 3- $1650) (Apt 4 - $1175) (Apt 5- $1400) Situated on a corner lot with ample parking and close to schools, transit, shopping and amenities.

Location Description

Dumble Ave

Property Details
  • Community: Northcrest Ward 5
  • Property Type: Tenant/Residential Freehold
  • Bedrooms: 10
  • Bath: 5
  • Garages: None
  • Annual Property Taxes : $ 7926
Building Features
  • Foundation Type: Poured Concrete
  • Counstruction Material : Brick
  • Total Parking Space : 6
  • Parking Type : None
Building Features
  • Heating : OtherGas
  • Sewer : Sewer ,
Land (Lot Features)
  • Frontage: 130 sq.ft
  • Land Depth: 66sq.ft

Listing Contracted With: RE/MAX HALLMARK EASTERN REALTY