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485-487 Sherbrooke St, Peterborough Otonabee
Cashback ~$5,311
$544,900

485-487 Sherbrooke St, Peterborough Otonabee

Triplex
Property type
4
Bedrooms
3
Bathrooms
Otonabee
Community name

Property details

Status
Active
Building type
2-Storey
A/C
None
Heating
Forced Air
Pool
None
Lot size
48.84 X 240.00
Exterior
Campground
Construction
Vinyl Siding
Parking spaces
6
Age
100
Updated on
2024-07-17, 7:01 p.m.
MLS® number
X8336240

Description

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)

$5,311 for this home
Justo provides you half of the agent’s commission on the sale.
Client Ambassador - Basma Ishaq

Here for your questions

Client Ambassador • Carolina Penuela
or call us at (315) 636-6522
Listed by: ROYAL LEPAGE FRANK REAL ESTATE
Note: All the listing related information herein is deemed reliable but not guaranteed accurate by TRREB®, CREB® or MLS®. It is from sources deemed reliable, but should not be relied upon without independent verification.