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Listed by Re/Max Hallmark Eastern Realty.
544 Charlotte Street is a Duplex, 2 1/2 Storey and is currently for Sale @ $675,000. Taxes in 2024 were $5,220.00.
More homes for sale under 700k in Peterborough Central
Welcome to 544 Charlotte Street, a high-yield income duplex in central Peterborough. The 2 1/2 Storey on 544 Charlotte Street has 5 bedrooms, 2 bathrooms, and is located on a 97 x 50 ft lot in the community of 3 Old West End . 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 & recent roof updates. 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.
2-Fridges, 2-Stoves, Washer, Dryer
The address 544 Charlotte Street was listed for sale (MLS# X12020257) on Thursday, March 13, 2025.