32 MATHER STREET$3,350,000

#1298358

N/A bed

N/A bath

About the Property

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,48 HOURS NOTICE FOR ALL SHOWINGS,CASH COW (id:46641)

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Listing Agent

Brad Closs

Broker

(613) 200-1000

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Property Details

City: Perth

Neighbourhood: PERTH

Lot Size: 0.53 ac

Build Year: 1984

Property

Property Type

Multi-family

Ownership Type

Freehold

Land Size

0.53 ac

Building

Storeys

2

Exterior Finish

Brick

Heating Type

Baseboard heaters

Foundation Type

Block

Parking Space Total

30

Measurements

Additional Info

Listing Contract Date

2022-06-17

Zoning Description

MUTLTI-RESIDENTIAL

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