$999,500
PRICE
12
BEDROOMS
4
BATHROOMS
X12644024
MLSID
271 Thomas Street, Peterborough
WOW. Fully renovated, turnkey licensed Large Rental Dwelling with 12 sparkling rental rooms. Projected NOI approx. $85,000. Excellent opportunity to own a fully renovated and upgraded, licensed Large Rental Dwelling with strong income and quality tenants. Well-managed and modernized top to bottom including 100% new flooring, updated kitchens, renovated bathrooms, and numerous additional upgrades throughout. Each side offers 6 bedrooms, 2 full baths, a full kitchen, and an unfinished basement with laundry. Rent includes utilities, laundry, and internet. Some rooms come fully furnished. See Documents for list of inclusions and recent upgrades since August 2022. One side also includes an unfinished room with potential to create a 13th bedroom for increased revenue. Forced-air gas and central a/c both sides. Excellent cash flow. Don't miss this opportunity!
Summary
Address
271 Thomas Street
City
Community
Street
MLSID
X12644024
Property Type
Duplex
Property Category
Bedrooms
12
Bathrooms
4
Kitchens
2
Zoning
R2
Taxes (Annual)
$5,838.00
Tax Year
2025
Published
December 19, 2025
Days on Market
11 Days
Possession Type
Flexible
Possession Details
Tbd
Inclusions
4 fridges, 4 stoves, 2 washers, 2 dryers, 2 microwave ovens, 4 security cameras, 2 hot water tanks (owned), room furniture (see Documents for complete list)
Details
Property Features
Hospital
Security Features
None
Bathroom 1
4-Piece Second Level
Bathroom 2
4-Piece Ground Level
Bathroom 3
3-Piece Ground Level
Basement
Unfinished
Exterior Features
Deck, Porch
Interior Features
Separate Heating Controls
Parking Spaces
4
Parking Total
4
Architectural Style
2-Storey
Roof
Asphalt Shingle
Construction Materials
Brick
Lot Width
40 Feet
Lot Depth
88 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with RE/MAX HALLMARK EASTERN REALTY