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Triplex in Perth

Asking Price $429,900
MLS# – 1398472

Rooms & Sizes

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 6.5% with huge upside potential to have 10.4% 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:52884)

Features

Unknown

BlockStone

Crawl spaceLowUnfinished

Siding

Surfaced

Municipal sewage system

HardwoodMixed FlooringWall-to-wall carpet

Municipal water

Map

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    Last Updated
    06/19/2024
    Data Provider
    Ottawa Real Estate Board
    Listing Office
    ENGEL & VOLKERS OTTAWA