Exceptional turnkey investment opportunity in the heart of Peterborough's downtown core! This fully licensed legal rooming/boarding house at 220 Dublin Street is a well-maintained all-brick two-storey property offering excellent cash flow with a strong 6.9% cap rate. The main building features 11 fully rented bedrooms, 1 shared kitchen, 1 private kitchen and 2.5 shared bathrooms, while the self-contained basement accessory apartment offers a separate entrance, full kitchen, and bathroom, creating an additional income stream. Situated on a large private lot in a high-demand rental area, this property is fully tenanted and conveniently located close to public transit, shopping, restaurants, downtown amenities. Whether you're looking to expand your investment portfolio or acquire a proven income-producing property, 220 Dublin Street offers stable returns, strong occupancy, and outstanding long-term potential. (id:54955)
| MLS® Number | X13615174 |
| Property Type | Multi-family |
| Community Name | Town Ward 3 |
| Equipment Type | Water Heater - Gas, Water Heater |
| Parking Space Total | 6 |
| Rental Equipment Type | Water Heater - Gas, Water Heater |
| Bathroom Total | 4 |
| Bedrooms Above Ground | 12 |
| Bedrooms Total | 12 |
| Age | 100+ Years |
| Basement Development | Finished |
| Basement Features | Apartment In Basement, Separate Entrance, Walk-up |
| Basement Type | N/a, N/a (finished), N/a, N/a |
| Cooling Type | None |
| Exterior Finish | Brick |
| Foundation Type | Stone |
| Half Bath Total | 1 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air, Radiant Heat |
| Stories Total | 2 |
| Size Interior | 3,000 - 3,500 Sqft |
| Type | Other |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 191 Ft |
| Size Frontage | 54 Ft ,4 In |
| Size Irregular | 54.4 X 191 Ft |
| Size Total Text | 54.4 X 191 Ft |
| Zoning Description | R4 |
https://www.realtor.ca/real-estate/30089704/220-dublin-street-peterborough-town-ward-3-town-ward-3
Contact us for more information
Wade Hamblin
Salesperson
(705) 743-9111
(705) 743-1034
remaxeastern.ca/