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% cap-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:61852)
| MLS® Number | X12469712 |
| Property Type | Multi-family |
| Community Name | Town Ward 3 |
| EquipmentType | Water Heater |
| ParkingSpaceTotal | 5 |
| RentalEquipmentType | Water Heater |
| BathroomTotal | 4 |
| BedroomsAboveGround | 8 |
| BedroomsTotal | 8 |
| Age | 100+ Years |
| Amenities | Separate Electricity Meters |
| Appliances | Dryer, Stove, Washer, Refrigerator |
| BasementDevelopment | Partially Finished |
| BasementType | N/a (partially Finished) |
| CoolingType | None |
| ExteriorFinish | Brick Veneer |
| FireplacePresent | Yes |
| FoundationType | Concrete |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| StoriesTotal | 3 |
| SizeInterior | 3500 - 5000 Sqft |
| Type | Triplex |
| UtilityWater | Municipal Water |
| No Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeIrregular | 39 X 114.2 Acre |
| SizeTotalText | 39 X 114.2 Acre |
| ZoningDescription | R4 |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/29005708/541-aylmer-street-n-peterborough-town-ward-3-town-ward-3
Contact us for more information
Sestino Kazimierz Christian Vinelli
Salesperson
Andrew Odoardi
Salesperson