-

From Our Gallery

Description

Well-maintained 7-unit apartment building landmark investment opportunity available in central Peterborough location. Two buildings which include 7 individual apartments, each with their own entrances, hydro meters, fridges, and stoves. 2-car detached garage and large paved circular drive. 4,125 Sq. Ft building and 3,552 Sq. Ft. building included in this offer. 813 Water St has an updated roof. Current apartment setup for these buildings is 4 x 1-bedroom units, 2 x 2-bedroom units, and 1 x 4-bedroom unit. Excellent investment opportunity that is situated on a large level .65-acre lot with development potential/ space for additional units to be built.(Rent Amounts - Apt 1 - $1,625, Apt 2 - $1,250, Apt 3 - $1,625, Apt 4 - $1,300 + 4 Bedroom - $2,700, 813A - $1,300, 820 - $1,150). Great investment opportunity with strong gross income potential of $132,600.

Location Description

Water St & Argyle St.

Property Detail

  • Community: Northcrest Ward 5
  • Property Type: Owner+Tenant/Residential Freehold
  • Bedrooms: 10
  • Bath: 7
  • Garages: Detached
  • Annual Property Taxes : $ 12589
  • sqft

Facts and Features

  • Foundation Type: Other-Stone
  • Counstruction Material : Brick
  • Total Parking Space : 11
  • Parking Type : Detached

Amenities

  • Heating : BaseboardElectric
  • Sewer : Sewer ,

Listing Contracted With: RE/MAX HALLMARK EASTERN REALTY

Looking for a dream home?

We can help you realize your dream of a new home