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$ 519,900
Est. payment /mo
New
649 Charlotte ST Peterborough, ON K9J 2X2
5 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft < 700
Subdivision Town Ward 3
MLS Listing ID X12495148
Style 2-Storey
Bedrooms 5
Annual Tax Amount $5,484
Tax Year 2025
Property Sub-Type Triplex
Property Description
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.
Location
Province ON
County Peterborough
Community Town Ward 3
Area Peterborough
Rooms
Family Room Yes
Basement Full
Kitchen 3
Interior
Interior Features None
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Pool None
Roof Type Shingles
Lot Frontage 40.0
Total Parking Spaces 6
Building
Foundation Block
Others
ParcelsYN No
Listed by AFFINITY GROUP PINNACLE REALTY LTD.