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649 Charlotte Street Peterborough (Town Ward 3), Ontario K9J 2X2

5 Bedroom 3 Bathroom 0 - 699 sqft
None Forced Air

$519,900

Introducing 649 Charlotte St, Peterborough - an exceptional fully tenanted triplex ideally located close to downtown, the hospital, and all of Peterborough's key amenities. This property combines modern updates, solid income, and investment versatility. The main 3-bedroom unit (approx. 1,200 sq. ft.) has been renovated top-to-bottom and is currently rented for $2,100/month plus hydro. It features its own forced-air gas furnace and separate hydro meter, ensuring efficient operation. The two bachelor apartments are fully leased at $863/month and $850/month (both inclusive), sharing a secondary gas furnace and also separately metered for hydro. With an annual gross income of $45,756 and estimated annual expenses of $14,223 (including taxes, utilities, and insurance), the property generates a strong net operating income of approximately $31,500. Parking is available at both the front and rear, providing convenience for tenants. This well-maintained, income-producing triplex offers an excellent opportunity to acquire a turnkey investment in a prime Peterborough location. (id:61423)

Property Details

MLS® Number X12495148
Property Type Multi-family
Community Name Town Ward 3
Parking Space Total 6

Building

Bathroom Total 3
Bedrooms Above Ground 5
Bedrooms Total 5
Basement Type Full
Cooling Type None
Exterior Finish Brick
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 0 - 699 Sqft
Type Triplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Frontage 40 Ft
Size Irregular 40 Ft
Size Total Text 40 Ft|under 1/2 Acre
Zoning Description R2

Rooms

Level Type Dimensions
Second Level Primary Bedroom 2.74 m x 3.35 m
Second Level Bedroom 2 3.66 m x 2.74 m
Second Level Bedroom 3 2.74 m x 2.44 m
Main Level Kitchen 4.27 m x 7.01 m
Main Level Living Room 2.74 m x 7.01 m

https://www.realtor.ca/real-estate/29052275/649-charlotte-street-peterborough-town-ward-3-town-ward-3

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