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26-28 HALTON STREET
Perth, Ontario K7H2C2

$499,900

ID# 1379116

ABOUT THIS PROPERTY


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:25961)

PROPERTY DETAILS


Cooling Type Unknown
Flooring Type Mixed Flooring, Wall-to-wall carpet, Hardwood
Heating Type Forced air
Heating Fuel Natural gas
Stories Total 2

Property Type


Multi-family
Courtesy of ENGEL & VOLKERS OTTAWA CENTRAL
Listed on: February 28, 2024

On market: 66 days

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