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. (id:4069)
Address |
1033 WATER STREET |
List Price |
$669,000 |
Property Type |
Multi-family |
Type of Dwelling |
Multi-Family |
Area |
Ontario |
Sub-Area |
Peterborough (northcrest) |
Floor Area |
1,739 Sq. Ft. |
Lot Size |
66 x 165 FT Sq. Ft. |
MLS® Number |
X9360265 |
Listing Brokerage |
KELLER WILLIAMS ADVANTAGE REALTY
|
Postal Code |
K9H3P5 |
Zoning |
Res. |