Peterborough - Town Ward 3
Peterborough - Town Ward 3
Sold For$800,000
Listed For $799,900
Sold Sep 2023
Attention investors! This as-built Triplex offers terrific cash flow with an estimated 6.5% cap rate. Three side by side units come with parking, separate gas furnaces, hydro and water services. Tenants pay all the utilities including hot water heater rental on 2 units (the 3rd is owned) 281 rents for $969 (long term tenant) 283 rents for $1800 (completely renovated in 2021 same as unit 285) All units have front porches, rear decks to backyard from main floor, parking and full basements with laundry hookups. Net Income is approx. $52,000 per year. All 3 units offer the exact same floor. 285 Townsend is available anytime for viewings.
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* Values are estimates only and not a guarantee of lending or affordability.