Attention all savvy investors in the Peterborough area, Do not delay in getting out to see this massive brick 2 1/2 Story building north of Downtown and one property in from George Street and Transit to Trent University, in the heart of the Student Rental Area. The property has operated as a Residential Group Home with supporting offices for the past 20 years, but is zoned as a Duplex with two hydro meters and two separate entrances.
Easily converted back and could be two 3 Bedroom Units. This could also be a great opportunity to operate student housing, with multiple bedrooms (7) and common areas, and three bathrooms. Parking for up to 4 cars at the rear of the building.
Location would allow an easy walk into downtown for shopping and entertainment, with Transit Lines running north and south within a 100 meters of the property. The building has updated fire inspections from the City of Peterborough. The property is vacant and ready for immediate possession.
The upper unit for a duplex will need an update to the kitchen as it was not used for the previous two decades of use. Come let your imagination bring this property to its full value as a prime investment to your portfolio.
