Nicely maintained 4-unit multifamily property in Downtown Peterborough consisting of one 2-bedroom units and three 1-bedroom units. This property has been improved by the current owner and features fresh paint, vinyl plank flooring, and mostly updated kitchen/bath fixtures. The four rents average $1,264/unit/month with the landlord paying for heat and hot and cold water, and tenants paying for their own electricity. Further upside income potential exists for a new owner willing to renovate. In total, the property produces ~$63K/year in gross revenue and ~$39K/year in net operating income. The property's two driveways provide a total of six parking spaces, four assigned spaces and two tandem spaces. Coin-operated laundry machines and four tenant storage units are in the basement. There is a cell tower mounted on the property's roof for which the commercial leasing rights are not included in this listing, but which can be purchased separately for $350K. Even if not purchased separately, the cell tower still provides the property owner the benefit of a ~$2K/year property tax reimbursement (~26.5% of the annual tax bill). Owner is a real estate licensee.

Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated March 17, 2025 5:09 PM EDT

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Property Details of 76 Main Street

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Peterborough

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Property Details of 76 Main Street

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Peterborough