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485-487 SHERBROOKE STREET, Peterborough (Otonabee), Ontario, K9J2P2

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For sale, ID#: X8336240
485-487 SHERBROOKE STREET
Peterborough (Otonabee) Ontario
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4 Beds
3 Bath
$485,000

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:2471)

Representative
Ricardo Melendro
Ricardo MelendroDND-IRP Registered Sales Representative
Royal LePage ProAlliance Realty Brokerage - Trenton
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Property Details
  • Property Address: 485-487 SHERBROOKE STREET, Peterborough (Otonabee), Ontario, K9J2P2
  • Community Name: Otonabee
  • Property Type: Single Family
  • Zoning Description: R2
  • Lot Size: 48.84 x 240 FT
  • Acreage: 48.84 x 240 FT
  • Sewage Type: Sanitary sewer
  • Water Type: Municipal water
  • Total Parking Spaces: 6
  • Amenities Nearby: Hospital, Park, Place of Worship, Public Transit
Structure Details
  • Structure Style: Triplex
  • Storeys: 2
  • Bedrooms: 4
  • Bathrooms: 3-Total
  • Basement Type: N/A (Unfinished)
  • Heating Type: Natural gas, Forced air
  • Exterior Type: Vinyl siding
  • Foundation Type: Stone
  • Appliances Included: Water Heater - Tankless, Refrigerator, Stove
Amenities / Features
  • Level
  • Community Centre
Room Details
Type Level Dimensions
Bedroom Second level 3.62 m x 2.58 m
Bedroom Second level 3.74 m x 2.33 m
Living room Second level 3.31 m x 5.14 m
Bedroom Second level 3.1 m x 2.86 m
Kitchen Second level 3.84 m x 3.32 m
Utility room Basement 3.88 m x 3.58 m
Kitchen Main level 3.72 m x 3.33 m
Living room Main level 3.59 m x 4.36 m
Bedroom Main level 3.41 m x 2.72 m
Kitchen Main level 3.88 m x 4.1 m
Living room Main level 4.2 m x 5.1 m
Neighbourhood Information

Listing Office: ROYAL LEPAGE FRANK REAL ESTATE

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485-487 SHERBROOKE STREET, Peterborough (Otonabee), Ontario, K9J2P2

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