None
    
          Baseboard Heaters
    
    
    
      
  
      
    
    
    
    $975,000
  
  
  
  Located in the heart of Peterborough, this well-positioned fourplex offers strong immediate cash flow supported by reliable tenants. The property features a diverse unit mix consisting of one one-bedroom, two two-bedroom, and one three-bedroom unit, with the three-bedroom unit currently vacant and ready for lease at market rent. Once stabilized, the property is projected to achieve a 6.4% capitalization rate.Each suite operates on individual baseboard electric heating, with Unit 1 uniquely equipped with its own furnace. All units have separate hot water tanks, and hydro is separately metered, with sub-panels installed for Units 3 and 4. All tenants are responsible for their own utilities, minimizing operating costs and improving net performance.With its balanced unit mix, solid rental structure, and strong in-place income, this property represents a turnkey investment opportunity in a growing and well-established community, ideal for investors seeking dependable returns and long-term stability. (id:61423)
  
  
  
    
  
  
	Business
	
		
						
						
				| 
					 Business Type
				 | 
				
					Residential				 | 
				
								
						
				| 
					 Business Sub Type
				 | 
				
					Apartments				 | 
				
								
		
	
Property Details
	
		
			| 
									MLS® Number
							 | 
			
				X12469716			 | 
		
                    
                | 
                    Property Type
                 | 
                
                    Multi-family                 | 
            
        
        
                    
                | 
                    Community Name
                 | 
                
                    Town Ward 3                 | 
            
        		
					
								
					| 
						 Equipment Type
					 | 
					
						Water Heater					 | 
				
								
							
								
					| 
						 Rental Equipment Type
					 | 
					
						Water Heater					 | 
				
								
	
Building
	
																																													
						
				| 
					 Appliances
				 | 
				
					Dryer, Washer				 | 
			
																																																																									
						
				| 
					 Cooling Type
				 | 
				
					None				 | 
			
																																																															
						
				| 
					 Heating Type
				 | 
				
					Baseboard Heaters				 | 
			
																																																					
						
				| 
					 Type
				 | 
				
					Multi-family				 | 
			
																		
						
				| 
					 Utility Water
				 | 
				
					Municipal Water				 | 
			
													
	
	Land
	
		
							
										
						| 
							 Acreage
						 | 
						
							No						 | 
					
											
										
						| 
							 Size Irregular
						 | 
						
							0.1						 | 
					
											
										
						| 
							 Size Total
						 | 
						
							0.1 Ac						 | 
					
											
										
						| 
							 Size Total Text
						 | 
						
							0.1 Ac						 | 
					
											
										
						| 
							 Zoning Description
						 | 
						
							R4						 | 
					
										
		
	
        
	
	
					https://www.realtor.ca/real-estate/29005709/541-aylmer-street-n-peterborough-town-ward-3-town-ward-3