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150-152 Gore Street E Perth, Ontario K7H 1J7

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

Detached Garage
Garage

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

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