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Key Facts
Key facts for 649 Charlotte Street
Property Type
Apartment, 2-Storey
Parking
None 0 garage, 6 parking
MLS #
X12495148
Size
< 700 sqft
Basement
Full
Listed on
2025-10-30
Lot size
40 x 0.0
Tax
$5,484 /yr
Days on Market
1
Approximate Age
-
Maintenance Fee
-
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.
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