Peterborough West K9J 6B4

Discover the potential of 42 Alexander Avenue, a versatile property nestled in the heart of Peterborough, Ontario. This unique home, currently divided into two units, offers an excellent opportunity for first-time homebuyers, investors, or contractors looking to bring their vision to life. The upper unit features two bedrooms, including a spacious primary bedroom, and a full four-piece bathroom. It boasts an open-concept design integrating the living, dining, and kitchen areas into a cohesive space, making it ideal for modern living. The lower unit, with a well-appointed eat-in kitchen, separate living area, and two bedrooms, is complemented by a three-piece bathroom. It currently houses a long-term tenant, adding immediate value and income potential from day one. This property is conveniently located within walking distance to hospitals, schools, public transit, and various amenities, positioning it in a prime spot for ease and accessibility. Additionally, the fenced yard provides a private outdoor space to enjoy. While the home does require some updates and renovations, its affordable price point makes it a worthwhile investment with significant upside potential. Plus, with parking available for three vehicles, it adds a layer of convenience for both residents and guests. Don't miss out on this opportunity to own a property with both immediate benefits and future possibilities. Whether you're looking to customize a home to your taste or seeking an investment with steady returns, 42 Alexander Avenue offers a foundation to build your dreams upon.