Click anywhere on image to go to gallery

Multi-Family in 907 – Perth

Asking Price $6,500,000
MLS# – X11891292

Rooms & Sizes

Description

On the banks of the Tay River, in the charming Town of Perth you will find this incredible multi-family investment opportunity. To say they dont make them like this anymore would be an understatement. Built in 1964 with brick and concrete block construction, this 23 unit low rise apartment building is as solid as they come. This desirable location is on 1.6 waterfront acres in the heart of Perth where shopping, groceries, restaurants and golf are all within walking distance. The building has been well maintained with recent upgrades including windows, generator, roof maintenance and electrical and fire retrofits. The building is made up of 22 2-bedroom apartments and one bachelor, boasting a healthy NOI of $256,636 despite the fact that most units have longer term tenants paying well below market rates. The oversized lot has plenty of green space where residents can enjoy the riverfront views and two ample parking lots with plenty of room for future expansion. (id:52884)

Features

Municipal water

Map

    Whatsapp


    Similar Homes

    Bungalow
    $3,995,000
    Rothwell Heights
    $5,760,000
    Vanier
    2 Storey House
    $6,200,000
    Kanata – Kanata Lakes/Heritage Hills
    Powered by: realtor.ca
    This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.
    The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA’s Data Distribution Facility (DDF®)
    Last Updated
    12/13/2024
    Data Provider
    Ottawa Real Estate Board
    Listing Office
    ROYAL LEPAGE TEAM REALTY