21 days on market
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$575,000
Sold Conditionally

559 Reid St
Sold Conditionally

Downtown, Peterborough

5+5 Bed|4+5 Bath|Yes|21 days on market

$575,000

Buy with Dwelly and Save $5,750

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Home Details

Taxes
$352 / month
Total Parking Spots
3
Garage Spaces
2
Furnished
No
Lot Size
56.00 x 76.00 Feet
Move-in Date
May 15, 2024
Building Age
100+ Years
Hydro Included
No
Heating
Forced Air
Water Included
No
Family Room
Yes
Basement
Sep Entrance, W/O
Fireplace
N
Air Conditioning
Wall Unit
Central Vaccum
No
Laundry Access
Lower
Exterior
Brick, Vinyl Siding
Zoning
R2
Sewer
Sewers
Property Type
Duplex
Style
2 1/2 Storey
Status
Sold conditionally
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Listing Description

CASH COW! UPPER UNIT VACANT AND LOWER UNIT HAS SIGNED N11 FOR JULY 1ST. POTENTIAL INCOME OF $10,000/month 5 bedrooms upstairs with two full bathrooms, and 5 bedrooms downstairs with 2 full bathrooms. laundry in basement. parking for 3 cars. Possibility of purchase for the other two duplexes on either side of this property making for a large portfolio in the same location! Ask me for details
Annual expenses: Gas hot water & heat: $5,500 Water: $3,500 Taxes: $4,200 Insurance: $2,500

Property History

or to view this property's history
Listing DateDOMList PriceSold PriceEventMLS ID
Sep 1, 2023N/A$389,900N/ASoldX6920410
Mar 4, 2023N/A$580,000N/ASoldX6965115
Oct 18, 2022199$580,000N/ATerminatedX5799076

Market Trends and Insights

Mortgage Calculator

Your estimated monthly payment for 559 Reid St is 3186

Price

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Down Payment

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Total Mortgage


Purchase Price$575000
Down Payment$115000
Mortgage Insurance$0
Total Mortgage$460000

Monthly Payment


Mortgage Payment$2835
Property Taxes$351
Maintenance Fees$0
Monthly Payment$3186
$3186
monthly

About 559 Reid St, Peterborough

Located at 559 Reid St , this Peterborough house is available for sale. This property was listed for $575,000 on Thu May 16 2024. This house's size is 3500-5000 Sqft. It has 5 bedrooms and 4 bathrooms. The property includes the following rooms: . This property comes with 3 parking spots. 559 Reid St, Peterborough is situated in the Downtown neighbourhood.


MLS#: X8291004 · $575,000 · 5 bedroom house in Downtown, Peterborough