$499,900

Investment For Sale In Perth, Ontario

$499,900

Property Information:

Attention investors! Welcome to 26-28 Halton Street, an exceptional turn key triplex investment nestled in the heart of Perth, ON – a historic town known for its scenic beauty, vibrant community, and burgeoning real estate market. This professionally maintained triplex presents an enticing opportunity for savvy investors seeking a turnkey property that promises both immediate returns and long-term wealth accumulation. This property features 3 units with 2 bedrooms each. The main house, unit 28, has a forced air natural gas furnace + central AC with a third room that can be used as a bedroom or office/den. Gas space heaters in unit 26 & 26A. Tenants pay for heat and hydro, separately metered. Current cap rate of 5.6% with huge upside potential to have 8.5% cap rate at market rent. Roof 2022, 2 furnaces 2021 & 2022, 28 halton significantly renovated in 2019. 26A completely renovated in 2020 (all walls, kitchen, flooring, bathroom). Other expenses on-demand hot water rental $52/month. (id:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Basement Development: Unfinished
  • Basement Type: Crawl space
  • Construction Style - Attachment: Attached
  • Exterior Finish: Siding
  • Flooring Type: Flooring Type, Wall-to-wall carpet, Hardwood
  • Foundation Type: Block, Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Unknown

Property Features:

  • Property Type: Multi-family
  • Irregular: Yes
  • Lease Type: Lease Type
  • Lot Frontage: 86.0 Feet
  • Lot Size: 85.96 ft X * ft (Irregular Lot)
  • Zoning: R3
  • Sewer: Municipal sewage system
  • Parking Type: Surfaced
  • No. of Parking Spaces: 6

Courtesy of: ENGEL & VOLKERS OTTAWA CENTRAL

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.