The three bedroom apartment is now vacant, increasing earning potential. This centrally located brick legal four unit property is fully tenanted and shows a good return. Recent updates include a new roof and eavestrough in 2020 and new gas furnace in 2023. The building consists of two one bedroom apartments, one three bedroom apartment, and one bachelor apartment. 2024 Gross Income: $51,600. 2024 Expenses: $17,066.06. 2024 Net Income: $34,533.94. This building has been pre-inspected.
Address
550 Aylmer Street N
List Price
$625,000
Property Type
Residential Freehold
Type of Dwelling
Fourplex
Style of Home
2-Storey
Area
Peterborough
Sub-Area
Downtown
County
Peterborough
Bedrooms
6
Bathrooms
4
Lot Size Source
GeoWarehouse
Lot Depth
119.23
Lot Size Range (Acres)
< .50
Lot Size Units
Feet
Lot Width
59.75
Approx. Age
100+ Years
MLS® Number
X11937698
Listing Brokerage
CENTURY 21 UNITED REALTY INC.
Basement Area
Full, Unfinished
Postal Code
K9H 3W7
Parking
Private
Parking Places (Total)
6
Tax Amount
$5,683.64
Tax Year
2024
Interior Features
None
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
None
Construction Materials
Brick
Direction Faces
East
Foundation Details
Stone
Garage Type
None
Kitchens Total
4
Pool Features
None
Roof
Asphalt Shingle
Sewer
Sewer