150-152 GORE St E, Perth, ON K7H1J7

Beds
5
Baths
2

View property features, location on map, relevant school information and overview from seller's agent.

Listed byROYAL LEPAGE ADVANTAGE REALTY
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Overview

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. Unit 150 Gore St. will be vacant as of July 1. (id:58180)

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
2
Number of bedrooms
5
Number of bathrooms
2
Lot size (acres)
0.17

Interior features

Basement
Yes

Utilities

Heating
Natural Gas, Forced Air
Cooling
None
Sewer
Sewer
Water
Water

Taxes

Tax Annual Amount
$2,965

Public schools

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Sourced from: Canadian Real Estate Association MLS®#: X12836458 Last checked:

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