$429,000
$429,900
0.2%For more information regarding the value of a property, please contact us for a free consultation.
26-28 HALTON ST Perth, ON K7H 2C2
Key Details
Sold Price $429,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision 907 - Perth
MLS Listing ID X9439984
Sold Date 07/31/24
Annual Tax Amount $3,500
Tax Year 2023
Property Sub-Type Triplex
Property Description
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 6.5% with huge upside potential to have 10.4% 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., Flooring: Hardwood, Flooring: Mixed, Flooring: Carpet Wall To Wall
Location
Province ON
County Lanark
Community 907 - Perth
Area Lanark
Zoning R3
Rooms
Basement Crawl Space, Unfinished
Interior
Cooling Other
Exterior
Lot Frontage 85.96
Total Parking Spaces 6
Building
Foundation Block, Stone
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