5 Bedroom
2 Bathroom
1500 - 2000 sqft
None
Forced Air
$524,900
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:49187)
Property Details
|
MLS® Number
|
X12836458 |
|
Property Type
|
Multi-family |
|
Community Name
|
907 - Perth |
|
Equipment Type
|
Water Heater |
|
Parking Space Total
|
3 |
|
Rental Equipment Type
|
Water Heater |
Building
|
Bathroom Total
|
2 |
|
Bedrooms Above Ground
|
5 |
|
Bedrooms Total
|
5 |
|
Amenities
|
Separate Electricity Meters |
|
Appliances
|
Dryer, Stove, Washer, Refrigerator |
|
Basement Development
|
Unfinished |
|
Basement Type
|
Crawl Space (unfinished) |
|
Cooling Type
|
None |
|
Exterior Finish
|
Vinyl Siding |
|
Foundation Type
|
Stone |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
2 |
|
Size Interior
|
1500 - 2000 Sqft |
|
Type
|
Duplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
150 Ft ,7 In |
|
Size Frontage
|
50 Ft ,6 In |
|
Size Irregular
|
50.5 X 150.6 Ft ; 0 |
|
Size Total Text
|
50.5 X 150.6 Ft ; 0 |
|
Zoning Description
|
R3 Res 3rd Density |
Utilities
|
Cable
|
Installed |
|
Electricity
|
Installed |
|
Sewer
|
Installed |
https://www.realtor.ca/real-estate/29417336/150-152-gore-street-e-perth-907-perth