Address
26-28 HALTON STREET, Perth, ON
Price
$ 499,900
Property Attributes
  • ID#1379116
  • TypeMulti-Family
  • CityPerth
  • NeighbourhoodPerth
  • Postal CodeK7H 2C2
  • Style
  • Price$ 499,900
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
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 5.6% 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:7434)

General Features

Property Type Multi-family
Zoning Description R3
Lease Type Other,See Remarks
Neighbourhood Perth
Building Basement Features Low
Building Cooling Type Unknown
Parking Space Total 6
Foundation Type Block,Stone
Building Type Triplex
Building.StoriesTotal 2

Interior Features

Building Fireplace Present False
Building Heating Type Forced air
Building Heating Fuel Natural gas
Basement Development Unfinished
Basement Type Crawl space (Unfinished)
Construction Style Attachment Attached
Flooring Type Mixed Flooring,Wall-to-wall carpet,Hardwood

Exterior Features

Sewer Municipal sewage system
Exterior Finish Siding

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in K7H 2C2

Price
AVG $500K
$500K
Visits
AVG 394
394
Data Provided by Inside Real Estate®