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Team Realty

32 MATHER STREET

Perth, Ontario K7H3K6

$3,350,000

ID# 1298358
BRICK PURPOSE-BUILT 18-UNIT APARTMENT BUILDING IN THE HISTORIC RETIREMENT TOWN OF PERTH,ALL TENANTS PAY THEIR OWN HYDRO/HEAT,ELECTRIC BASEBOARD HEATING WITH THERMOSTATS IN EVERY ROOM,TREMENDOUS UPSIDE POTENTIAL IN THE RENTAL INCOME,LOCATED ON A QUIET STREET YET CLOSE TO SCHOOLS & PUBLIC INDOOR POOL & SHOPPING ON THE COMMERCIAL STRIP ON HWY# 7,JUST A FEW BLOCKS TO SHOPPER'S DRUGMART,BUILDING CONSISTS OF SIXTEEN 2 BDRM & TWO 1 BDRM APTS,MORE & MORE RETIRED PEOPLE ARE MOVING TO PERTH THE PRETTIEST TOWN IN ONTARIO,THESE RETIREES MAKE EXCELLENT TENANTS & THIS IS AN EXCELLENT RENTAL MARKET,PERTH HAS ONE OF THE LARGEST TRADE AREAS IN ONTARIO WITH KINGSTON BEING THE NEXT MAJOR CENTRE WEST OF PERTH & PEOPLE COME FROM ALL OVER EASTERN ONTARIO TO RENT IN PERTH,,LAUNDRY ROOM WITH 2 COIN-OPERATED WASHERS & DRYERS OWNED BY COINAMATIC,NEWER ROOF,STORAGE ROOMS FOR EVERY UNIT,SEPARATE BUILDING FOR GARBAGE SHARED WITH ADJOINING 18-UNIT,72 HOURS NOTICE FOR ALL SHOWINGS,CASH COW (id:25961)
Courtesy of RE/MAX HALLMARK REALTY GROUP

Listed on: June 17, 2022

On market: 8 days
Bathroom Total 0
Half Bathrooms Total 0
Year Built 1984
Heating Type Baseboard heaters
Heating Fuel Electric
Stories Total 2