185 Parkhill RD, Peterborough, ON K9H 3H2
185 Parkhill RD, Peterborough, ON K9H 3H2
185 Parkhill RD, Peterborough, ON K9H 3H2
185 Parkhill RD, Peterborough, ON K9H 3H2
185 Parkhill RD, Peterborough, ON K9H 3H2
185 Parkhill RD, Peterborough, ON K9H 3H2
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$ 799,900
Est. payment | /mo

8 Beds

4 Baths


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$ 799,900
Est. payment | /mo
Save

8 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision Town Ward 3

MLS Listing ID X13825698

Style 1 1/2 Storey

Bedrooms 8

Annual Tax Amount $5,365

Tax Year 2026

Property Sub-Type Fourplex

Property Description

LIVE IN ONE UNIT + CASH FLOW ~ $1,300/MONTH, OR RENT ALL 4 FOR +$3,000/MONTH CASH FLOW! Rare opportunity to own an exceptionally maintained, turnkey 4-plex CASH COW in Peterborough on nearly an acre - professionally managed & offered for sale for the first time in 28 years. Potential income of ~$85,628 (close to finalizing the 4th lease). EXTENSIVELY RENOVATED INSIDE & OUT over the past 15 years, including METAL ROOFS, WINDOWS, ELECTRICAL wiring & panels, PLUMBING, DRYWALL, VINYL SIDING, furnaces, central air conditioners, full interior renovations, attractive decks, fences & much more. Units #2 & #4 are single-storey 2-bed, 1-bath units w/partial basements. Units #6 & #8 are spacious 1.5-storey 2-bed, 1-bath units featuring large primary bedrooms on the 2nd floor, partial basements w/laundry rooms. Each unit enjoys its OWN PRIVATE, FULLY FENCED BACKYARD & 2 PARKING SPACES. A well-maintained, substantially updated 4-plex offering the combination investors look for: STRONG CASH FLOW, FOUR 2-BEDROOM UNITS, PRIVATE YARDS, AMPLE PARKING, EXTENSIVE CAPITAL IMPROVEMENTS and LONG-TERM RENTAL APPEAL. Unit #4 is currently VACANT and available for showings until the incoming tenants take possession. Buyer to assume all existing tenancies. Please do not walk the yards or disturb the tenants of Units #2, #6 or #8 without an accepted offer. Excellent central location within walking distance of amenities & public transit, w/convenient access to Trent University & Peterborough's colleges, walking/bike lane provide convenient south access to Antrim Street.

Location

Province ON

County Peterborough

Area Peterborough

Rooms

Family Room No

Basement Unfinished

Kitchen 4

Interior

Interior Features Carpet Free

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Parking Features Private Triple

Pool None

Roof Type Metal

Lot Frontage 63.21

Lot Depth 160.0

Total Parking Spaces 8

Building

Foundation Concrete

Others

ParcelsYN No

Listed by RE/MAX REALTRON REALTY INC.

Nearby Locations

Kasia Bialek
Kasia Bialek

Broker

+1(416) 822-9472 | kasiabialek.re@gmail.com

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185 Parkhill RD