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BRICK PURPOSE-BUILT 18-UNIT APARTMENT BUILDING IN THE HISTORIC RETIREMENT TOWN OF PERTH,ALL TENANTS PAY THEIR OWN HYDRO/HEAT,ELECTRIC BASEBOARD HEATING WITH THERMOSTATS IN EVERY ROOM,TREMENDOUS UPSIDE POTENTIAL IN THE RENTAL INCOME,LOCATED ON A QUIET STREET YET CLOSE TO SCHOOLS & PUBLIC INDOOR POOL & SHOPPING ON THE COMMERCIAL STRIP ON HWY# 7,JUST A FEW BLOCKS TO SHOPPER'S DRUGMART,BUILDING CONSISTS OF SIXTEEN 2 BDRM & TWO 1 BDRM APTS,MORE & MORE RETIRED PEOPLE ARE MOVING TO PERTH THE PRETTIEST TOWN IN ONTARIO,THESE RETIREES MAKE EXCELLENT TENANTS & THIS IS AN EXCELLENT RENTAL MARKET,PERTH HAS ONE OF THE LARGEST TRADE AREAS IN ONTARIO WITH KINGSTON BEING THE NEXT MAJOR CENTRE WEST OF PERTH & PEOPLE COME FROM ALL OVER EASTERN ONTARIO TO RENT IN PERTH,,LAUNDRY ROOM WITH 2 COIN-OPERATED WASHERS & DRYERS OWNED BY COINAMATIC,NEWER ROOF,STORAGE ROOMS FOR EVERY UNIT,SEPARATE BUILDING FOR GARBAGE SHARED WITH ADJOINING 18-UNIT,72 HOURS NOTICE FOR ALL SHOWINGS,CASH COW (id:24093)
Listed by Brad Closs of RE/MAX HALLMARK REALTY GROUP

Property Details of 32 Mather Street

Property Details

Utilities and Appliances

Map Location

"Based on information submitted to CREA as of June 26, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

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