Completely renovated to the studs, this turnkey 4-unit multifamily property offers the perfect combination of historic charm and modern updates in the heart of downtown Peterborough. The property features a desirable unit mix of two 2-bedroom apartments and two 1-bedroom apartments, providing broad tenant appeal and strong income potential. Each unit has been thoughtfully updated with modern finishes while maintaining the character of the building. Separate electric service, public water and sewer, and ample on-site parking contribute to easy ownership and management. One unit also includes a garage bay, adding additional rental value. The spacious third floor could be designated for individual tenant storage, offering the potential for additional rental income through assigned storage areas. Tenants enjoy the convenience of being just steps from Peterborough's vibrant downtown, with restaurants, shops, parks, the library, and cultural attractions all within walking distance. Whether you're expanding your investment portfolio or seeking a well-maintained income-producing property in one of the Monadnock Region's most desirable communities, this fully occupied, turnkey asset is an exceptional opportunity.
Operating Expenses : Heat,Insurance,Maintenance,Other,Snow Removal,Water/Sewer
Occupant Restrictions : No Smoking
Annual Expenses
Taxes: $9,662
Income
Gross Income | $72,000
NetIncome | $53,500
Appliances : Separate Water Heater
Construction: Wood Frame | Vinyl Siding
Year Built: 1850
Style: Apartment Building | Multi-Family
Floors | Stories: 2.5
No. Elevators:
Total Sq.Ft. Finished: 4445
Above Grade Sq.Ft.: 4077
Basement: Partial | Interior Stairs | Interior Access
Exterior Color: white
Roof: Asphalt Shingle
Seasonal: No
Heating: Oil | Boiler
Cooling: None
Electric: 100 Amp Service | 200+ Amp Service | Circuit Breaker(s)
Utilities: Cable
Electric Meters: 4
Water: Public
Sewer: Public
Land Information
Sidewalks | In Town | Near Golf Course | Near Shopping | Near Hospital | Near School(s)
Lot size: 0.26 acres
Zoned: General Residential)
Surveyed: Unk
Flood Zone: No
Driveway: Common/Shared | Paved