487 - 485 Sherbrooke St
Sherbrooke St, Otonabee Ward, Peterborough, ON, K9J 2P2
Quick Summary
Quick Summary
- Spacious 240-foot deep lot with additional residential unit potential
- Two vacant one-bedroom units ready for new tenants
- Long-term tenants in two-storey two-bedroom unit
- Approximately 7% capitalization rate for investors
- Freshly painted vacant units ready for occupancy
- Landlord pays utilities on one side of triplex
- Home inspection available for potential buyers
- Easy to show property for interested parties
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... Show More
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:54626)
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Property Details
Size
Parking
Build
Heating & Cooling
Utilities
Rooms
Bedroom
8′5″ x 11′10″
Bedroom
7′7″ x 12′3″
Living room
16′10″ x 10′10″
Bedroom
9′4″ x 10′2″
Kitchen
10′10″ x 12′7″
Utility room
11′8″ x 12′8″
Source
Listing Brokerage
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