Peterborough, ON K9J 2X2,649 Charlotte ST
Peterborough, ON K9J 2X2,649 Charlotte ST
Peterborough, ON K9J 2X2,649 Charlotte ST
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$519,900
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5 Beds
3 Baths
New

649 Charlotte ST Peterborough, ON K9J 2X2

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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.

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Mico Radulovic

Mico Radulovic

Real Estate Broker

+1(519) 722-3434

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649 Charlotte ST

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