Property Details

5 ROGERS ROAD, Perth, Ontario, K7H1N9

5 ROGERS ROAD, Perth, Ontario, K7H1N9 (ID X11891292)
Representative
Crystal Charbonneau portrait
Crystal Charbonneau
Sales Representative
RE/MAX Hallmark Realty Group, Brokerage - Prescott
Cell: 613-401-4482
Tel: 613-596-5353

$6,500,000 - For sale

ID#:X11891292

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:2471)

Location DescriptionRogers Road & Peter Street

Property Details
  • Property Address:5 ROGERS ROAD, Perth, Ontario, K7H1N9
  • Property Type:Multi-family
  • Community Name:907 - Perth
  • Lot Size:Bldg=294.3 x 250 FT
  • Water Type:Municipal water
Structure Details for 5 ROGERS ROAD, Perth, Ontario, K7H1N9
  • Structure Style:Multi-Family
  • Floor Space:25000 sqft
  • Heating Type:Natural gas, Hot water radiator heat
Amenities for 5 ROGERS ROAD, Perth, Ontario, K7H1N9
  • Amenities Nearby:Public Transit
Representative
Crystal Charbonneau portrait
Crystal Charbonneau
Sales Representative
RE/MAX Hallmark Realty Group, Brokerage - Prescott
Cell: 613-401-4482
Tel: 613-596-5353
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5 ROGERS ROAD, Perth, Ontario, K7H1N9

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