Don't miss this exceptional opportunity to own a multifamily property just a short walk from the heart of downtown Peterborough. Empty, clean, refreshed, and ready to go, this property has been thoughtfully gone through including refinished hardwood floors, a brand-new hot water heater, and a newly relined sewer main. The spacious upper unit offers three bedrooms with a multi-level layout featuring a large living room, dining room, oversized kitchen, bonus room, 1.5 bathrooms, a dedicated laundry room, a private balcony, and a partially fenced grassy backyard. Generous room sizes throughout create a comfortable and inviting living space. The lower unit is one-bedroom, single-level apartment with a full bath, private entrance, and its own private deck, making it ideal for rental income, owner occupancy, or multigenerational living. Outside, you'll find a detached barn offering excellent storage or workshop potential, ample off-street parking, and a convenient in-town location just minutes from Peterborough's shops, restaurants, cafs, parks, and community events. Whether you're looking for an investment property or an owner-occupied opportunity with rental income, this property is ready for its next chapter.