544 Charlotte ST Active

Peterborough Central,ON K9J 2W5

$ 649000

6 Beds

3 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision 3 Old West End

MLS Listing ID X12057439

Style 2 1/2 Storey

Bedrooms 6

Annual Tax Amount $5,220

Tax Year 2024

Property Sub-Type Duplex

Property Description

Welcome to 544 Charlotte Street, a high-yield income duplex in central Peterborough. This all brick 2-1/2 storey home features a full basement & two separate garages, generating $50,760 in annual rental income with additional potential from the detached garage. The property includes two fully independent rental units, each with a separate hydro meter & two full kitchens. The main level tenant occupies a spacious five bedroom unit featuring a bright living & dining area with large south facing windows, a gas fireplace & a well equipped kitchen. This unit also has a laundry room in the basement with a three year old dryer & large laundry tubs. The upper level tenant occupies a bright one bedroom apartment with a functional kitchen, a small storage space, a large living area filled with natural light & south-facing windows that offer an excellent view. The home also features a large covered wrap around porch with two interior access doors, providing additional outdoor space for tenants. The property includes an attached garage, currently rented and a detached garage that presents an additional income opportunity. A mostly fenced in patio area adds privacy & outdoor enjoyment. Recent upgrades include most windows replaced in the last three years, a recently replaced garage door & recent roof updates. The furnace was replaced in 2011. Centrally located with easy access to transit, restaurants & shopping, this fully rented property offers strong cash flow & long term investment potential.

Location

Province ON

County Peterborough

Community 3 Old West End

Area Peterborough

Zoning R2

Rooms

Family Room Yes

Basement Full,Separate Entrance

Kitchen 2

Separate Den/Office 1

Interior

Interior Features Accessory Apartment,In-Law Suite,Primary Bedroom - Main Floor,Separate Heating Controls,Separate Hydro Meter

Cooling Central Air

Fireplaces Number 1

Fireplaces Type Living Room

Inclusions 2-Fridges, 2-Stoves, Washer, Dryer

Exterior

Exterior Feature Deck,Privacy,Patio

Parking Features Private

Garage Spaces 2.0

Pool None

View City,Clear

Roof Type Asphalt Shingle

Lot Frontage 50.0

Lot Depth 97.0

Total Parking Spaces 4

Building

Foundation Concrete

Others

Senior Community Yes

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