Property Description

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:7434)