Call us direct

613-963-0029

2020

$6,500,000

ID# X11891292

5 ROGERS ROAD
Perth, Ontario K7H1N9

On the banks of the Tay River, in the charming Town of Perth you will find this incredible multi-family investment opportunity. To say they dont make them like this anymore would be an understatement. Built in 1964 with brick and concrete block construction, this 23 unit low rise apartment building is as solid as they come. This desirable location is on 1.6 waterfront acres in the heart of Perth where shopping, groceries, restaurants and golf are all within walking distance. The building has been well maintained with recent upgrades including windows, generator, roof maintenance and electrical and fire retrofits. The building is made up of 22 2-bedroom apartments and one bachelor, boasting a healthy NOI of $256,636 despite the fact that most units have longer term tenants paying well below market rates. The oversized lot has plenty of green space where residents can enjoy the riverfront views and two ample parking lots with plenty of room for future expansion. (id:25961)

Sean Downey
Sales Representative

office: 613-729-9090
cell: 613-913-9228

Listed on: December 12, 2024

On market: 21 days

Heating Type	Hot water radiator heat
Heating Fuel	Natural gas

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Call us direct

613-963-0029

With every transaction, Team One Homes donates a % directly to the Royal LePage Shelter Foundation.

Dennis Tarrant

Broker

613-875-9714

Email Dennis

Frank Fragomeni

Broker

613-220-3434

Email Frank

Deborah Breen Whiting

Sales Representative

613-857-0122

Email Deborah

Tara Allen

REALTOR®

613-296-0569

Email Tara

Rosanna Ferguson

REALTOR®

613-220-2636

Email Rosanna

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5 ROGERS ROAD Perth, Ontario K7H1N9

5 ROGERS ROAD
Perth, Ontario K7H1N9