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This vacant duplex offers incredible investment potential with the possibility of a 7% cap rate. Featuring two spacious 3-bedroom units, this home is full of character with beautiful high ceilings, has been freshly painted, roof(2024) and new flooring was recently installed throughout. The main floor unit includes three bright and generously sized bedrooms, a full bathroom, and an eat-in kitchen. The second-floor unit features three bedrooms and a versatile bonus room at the back with its own entrance, perfect as an extra bedroom, living space, or office. Ideal for investors or first-time homebuyers looking to generate additional income, this affordable property allows you to live in one unit while renting out the other. Conveniently located close to parks, grocery stores, restaurants, and bus routes, and less than 10 minutes to Highway 115, this duplex combines comfort, convenience, and income potential in one package. Don't miss this fantastic opportunity!
Fridge x4, stove, washer, dryer (all in as is condition)
City: Peterborough Central
Neighborhood: 3 South
Purchase Price | $499900 |
Down Payment | $99980 |
Mortgage Insurance | $0 |
Total Mortgage | $399920 |
Mortgage Payment | $2464 |
Property Taxes | $288 |
Maintenance Fees | $0 |
Monthly Payment | $2752 |
Sold Comparables homes near 187 Stewart St, Peterborough Central
Located at 187 Stewart St , this Peterborough Central house is available for sale. This property was listed for $499,900 on Tue Apr 15 2025. This house's size is 1500-2000 Sqft. It has 3 bedrooms and 2 bathrooms. The property includes the following rooms: Primary, Br, Kitchen, Dining, Br, Bathroom, Br, Br, Br, Kitchen, Bathroom, Other. This property comes with 1 parking spots. 187 Stewart St, Peterborough Central is situated in the 3 South neighbourhood.
MLS#: X12031034 · $499,900 · 3 bedroom house in 3 South, Peterborough Central