26-28 HALTON Street, Perth, Ontario K7H2C2

Listing courtesy of ENGEL & VOLKERS OTTAWA CENTRAL.

$539,900
List Price
$539,900
MLS®
1372436
Days on Market
50
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Lot Size Dimensions
85.96 ft X * ft (Irregular Lot)
Subdivision
Perth

Property Description

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% with huge upside potential to have 6.7% 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:5764)

Additional Information

Subdivision
Perth
Parking Spaces
6
Cooling
Unknown
Country
Canada
Flooring
Hardwood, Wall-to-wall carpet, Mixed Flooring
Sewer
Municipal sewage system
Heating
Forced air, Natural gas
Total Number Of Units
3
Stories
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks