REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,125,000
Est. payment /mo
New
809 Nicholls ST Peterborough, ON K9H 5T7
10 Beds
5 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision Northcrest Ward 5
MLS Listing ID X13473228
Style 2-Storey
Bedrooms 10
Annual Tax Amount $7,926
Tax Year 2025
Property Sub-Type Multiplex
Property Description
Here is a rare opportunity to acquire a well-maintained all-brick five self-contained units in Peterborough's north end. This investment property features five 2-bedroom units with a strong history of long-term tenancy and consistent rental income. Additional benefits include on-site parking, recently updated roof, separate hydro meters and coin-operated laundry. Current income provides immediate cash flow, while future rental upside offers potential for increased returns over time. Whether you're expanding an existing portfolio or entering the multi-residential market, this five-unit property presents an excellent opportunity in great location with a potential gross income of $79,860. Current rents (Apt 1- $1135) (Apt 2 -$1295) (Apt 3- $1650) (Apt 4 - $1175) (Apt 5- $1400) Situated on a corner lot with ample parking and close to schools, transit, shopping and amenities.
Location
Province ON
County Peterborough
Area Peterborough
Rooms
Family Room No
Basement Full
Kitchen 5
Separate Den/Office 2
Interior
Interior Features Separate Heating Controls, Separate Hydro Meter
Cooling None
Fireplace No
Heat Source Gas
Exterior
Pool None
Waterfront Description None
Roof Type Asphalt Shingle
Lot Frontage 130.0
Lot Depth 66.0
Total Parking Spaces 6
Building
Unit Features School,Public Transit,Park,Place Of Worship
Foundation Poured Concrete
Others
ParcelsYN Yes
Listed by RE/MAX HALLMARK EASTERN REALTY