26-28 Halton Street Perth, Ontario K7H 2C2
$559,900
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% with huge upside potential to have 6.7% 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:39840)
Property Details
| MLS® Number | 1355636 |
| Property Type | Multi-family |
| Neigbourhood | Perth |
| Parking Space Total | 6 |
Building
| Basement Development | Unfinished |
| Basement Features | Low |
| Basement Type | Crawl Space (unfinished) |
| Construction Style Attachment | Attached |
| Cooling Type | Unknown |
| Exterior Finish | Siding |
| Flooring Type | Mixed Flooring, Wall-to-wall Carpet, Hardwood |
| Foundation Type | Block, Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| Surfaced |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Frontage | 86 Ft |
| Size Irregular | 85.96 Ft X * Ft (irregular Lot) |
| Size Total Text | 85.96 Ft X * Ft (irregular Lot) |
| Zoning Description | R3 |
https://www.realtor.ca/real-estate/25980442/26-28-halton-street-perth-perth
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December 01 2023 09:12:49
Ottawa Real Estate Board
Engel & Volkers Ottawa Central