Prime investment opportunity awaits. This legal 7 bedroom, 2 bath, house is a 5 minute walk to Trent University and sits across from the River and beautiful parkland. It includes full-size living/dining room, huge kitchen and ample size bedrooms with a huge yard (for possible future dwellings) and 2 driveways to park 6 cars. The local bus stops right in front of the house. Great Investment with a 5.70% cap. ROI at 8.44% with 35% down. Detached homes in the area average 3.75% appreciation over last 5 years.
Address |
1033 Water St |
List Price |
$669,000 |
Property Type |
Free |
Type of Dwelling |
Detached |
Style of Home |
2-Storey |
Area |
Peterborough |
Sub-Area |
Northcrest |
Bedrooms |
7 |
Bathrooms |
2 |
MLS® Number |
X9354609 |
Listing Brokerage |
KELLER WILLIAMS ADVANTAGE REALTY
|
Postal Code |
K9H 3P5 |
Tax Amount |
$3,720 |
Tax Year |
2023 |