26-28 HALTON STREET

Perth, Ontario, K7H2C2, Canada

$499,900

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 5.6% 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.

Last updated on : Wednesday 24th of April 2024 12:53:15 PM

ADDRESS

Street : 26-28 HALTON STREET

City : Perth

Province : Ontario

Country : Canada

Postal Code : K7H2C2

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PROPERTY SUMMARY

Property ID : 1379116

Building Type : Triplex, Attached

Property Type : Multi-family

Parking : 6

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