26-28 HALTON STREET$589,900
#1355636
N/A bed
N/A bath
About the 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 4.6% 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:46641)
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Property Details
City: Perth
Neighbourhood: Perth
Listing Agent
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Property
Property Type
Multi-family
Building
Basement Features
Low
Basement Development
Unfinished
Basement Type
Crawl space (Unfinished)
Storeys
2
Building Style
Triplex
Exterior Finish
Siding
Heating Type
Forced air
Cooling Type
Unknown
Foundation Type
Block, Stone
Parking Space Total
6
Measurements
Additional Info
Lease Type
Other, See Remarks
Listing Contract Date
2023-08-24
Zoning Description
R3
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