Realestate

Property Details

1 of 50
$1,125,000
809 Nicholls Street, Peterborough, ON K9H 5T7
8 + 2
5
MLS®X13473228
Property Type
Residential Freehold
Sub Type
Multiplex
Heating
Other
Cooling
None
Lot Size
66 x 130 Feet
Approx Age
N/A
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.
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