Welcome to 544 Charlotte Street, a high-yield income duplex in central Peterborough. This all brick 2-1/2 storey home features a full basement & two separate garages, generating $50,760 in annual rental income with additional potential from the detached garage. The property includes two fully independent rental units, each with a separate hydro meter & two full kitchens. The main level tenant occupies a spacious five bedroom unit featuring a bright living & dining area with large south facing windows, a gas fireplace & a well equipped kitchen. This unit also has a laundry room in the basement with a three year old dryer & large laundry tubs. The upper level tenant occupies a bright one bedroom apartment with a functional kitchen, a small storage space, a large living area filled with natural light & south-facing windows that offer an excellent view. The home also features a large covered wrap around porch with two interior access doors, providing additional outdoor space for tenants. The property includes an attached garage, currently rented and a detached garage that presents an additional income opportunity. A mostly fenced in patio area adds privacy & outdoor enjoyment. Recent upgrades include most windows replaced in the last three years, a recently replaced garage door & roof updates in 2016 and 2018. The furnace was replaced in 2011. Centrally located with easy access to transit, restaurants & shopping, this fully rented property offers strong cash flow & long term investment potential. Contact us today for more details or to schedule a viewing.
EXTRAS: Level lot, Dry, Level, In-Law Suite
Virtual Tour: https://www.venturehomes.ca/trebtour.asp?tourid=68776
Last updated on : Saturday 15th of March 2025 09:49:31 AM
Street : 544 CHARLOTTE STREET
City : Peterborough Central (3 Old West End)
Province : Ontario
Country : Canada
Postal Code : K9J2W5
Property ID : X12020257
Building Type : Duplex
Property Type : Multi-family
Bedrooms : 4 + 1
Bathrooms : 2
Parking : 4