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Multi-familyK7H1J7150-152 GORE STREET E, Perth, Ontario, K7H1J7

150-152 GORE STREET E, Perth, Ontario, K7H1J7

150-152 GORE STREET E, Perth, Ontario, K7H1J7
  • 5 beds
  • 2 baths
$524,900
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Basics

  • Type:
  • Bedrooms: 5
  • Bathrooms: 2
  • Half baths: 0
  • ListOfficeName: ROYAL LEPAGE ADVANTAGE REAL ESTATE LTD
  • Water: Municipal water
  • Zoning: R3 Res 3rd Density
  • Utilities: Cable, Electricity, Sewer
  • MLS ID: X12836458

Description

  • Description:

    Discover a robust addition to your portfolio with 150-152 Gore Street. This well maintained duplex is situated just steps from the vibrant shops, dining, and parks of downtown Perth. This property offers immediate, reliable cash flow with a total monthly rental income of $3,950. 152 Gore: Currently generating $2,200/month, offering flexibility for market rent adjustments or owner-occupancy. 150 Gore: Generating $1,750/month (Leased), providing long-term stability. Efficiency is maximized as both units have separate furnaces and hydro meters, ensuring tenants pay their own heat and electricity. Minimize your capital expenditure with a long list of recent improvements: Roof: replaced August 2021, Eavestroughs: New in September 2022, Unit 150: Hot Water Tank (May 2022), New Dryer 2025 Unit 152: New Stove (April 2024), Updated Bathroom Vanity (March 2024). The property is deceptively large, offering diverse layouts that appeal to a wide tenant base. Unit 150 is a comfortable 2-bedroom, 1-bathroom home with direct backyard access. Unit 152 is a spacious 3-bedroom, 1 bathroom residence with a formal dining room, a versatile main-floor office/playroom, and a bright 3-season room leading to the expansive rear yard. Both tenants benefit from dedicated storage in the detached garage. With an average water/sewer cost of $135/month and insurance at $296/month, the margins on this property are excellent. Invest with confidence in one of Ontario's most sought-after towns. Whether you are looking for a worry-free "set and forget" investment or a multi-generational living solution. (id:58861)

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Building Details

  • ParkingTotal: Detached Garage, Garage
  • Heating: Forced air Natural gas
  • Sewer: Sanitary sewer

Amenities & Features

  • Waterfront available: No
  • OpenParkingYN: No
  • AttachedGarageYN: No
  • GarageYN: No
  • CarportYN: No
  • PoolYN: No
  • CoolingYN: No

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