About 519 Sherbrooke Street

Investor alert! 519 Sherbrooke Street offers a rare combination of stable income, development potential, and future value-add all in a central Peterborough location. This 3-bedroom, 2-bath detached home is currently tenanted at $2,000/month, with a tenant who would like to stay.The property includes ample utility and storage space, and a separate garage building that is being repaired through insurance. Set on a deep, oversized lot, the backyard may qualify for an Additional Residential Unit (ARU) offering potential for increased rental income or multi-unit development (buyer to verify with the City).This property is being sold in as-is condition, making it a straightforward acquisition for savvy investors looking to expand their portfolio or capitalize on Peterboroughs growing rental market.Located close to transit, schools, and amenities, 519 Sherbrooke offers strong fundamentals and exciting potential for the right buyer.

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