27
$975,000 Sale
Listed 1 day
541 AYLMER STREET N
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Key Facts
Key facts for 541 AYLMER STREET N
Property Type
Apartment, Multi-Family
Parking
Garage: No, 0 parking
MLS #
X12469716
Size
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Basement
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Listed on
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Lot size
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Tax
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Days on Market
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Year Built
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Maintenance Fee
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Description
Located in the heart of Peterborough, this well-positioned fourplex offers strong immediate cash flow supported by reliable tenants. The property features a diverse unit mix consisting of one one-bedroom, two two-bedroom, and one three-bedroom unit, with the three-bedroom unit currently vacant and r...eady for lease at market rent. Once stabilized, the property is projected to achieve a 6.4% capitalization rate.Each suite operates on individual baseboard electric heating, with Unit 1 uniquely equipped with its own furnace. All units have separate hot water tanks, and hydro is separately metered, with sub-panels installed for Units 3 and 4. All tenants are responsible for their own utilities, minimizing operating costs and improving net performance.With its balanced unit mix, solid rental structure, and strong in-place income, this property represents a turnkey investment opportunity in a growing and well-established community, ideal for investors seeking dependable returns and long-term stability. (id:10452)
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Listing courtesy of: EXP REALTY
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