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$1,825,000

16 Gore Street E Perth, Ontario K7H 1H5

16 Gore Street E, Perth, Ontario  K7H 1H5 - Photo 1 - 1255642
16 Gore Street E, Perth, Ontario  K7H 1H5 - Photo 2 - 1255642
16 Gore Street E, Perth, Ontario  K7H 1H5 - Photo 3 - 1255642
16 Gore Street E, Perth, Ontario  K7H 1H5 - Photo 4 - 1255642
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16 Gore Street E, Perth, Ontario  K7H 1H5 - Photo 7 - 1255642
16 Gore Street E, Perth, Ontario  K7H 1H5 - Photo 8 - 1255642
16 Gore Street E, Perth, Ontario  K7H 1H5 - Photo 9 - 1255642
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16 Gore Street E Perth, Ontario K7H 1H5

Hot Water Radiator Heat

Fourteen unit income property. Two adjacent mixed-use retail/residential buildings are located in the heart of the main commercial district of Perth, Ontario. The municipal addresses include #6, #12, #14, & #16 Gore Street East. The property has 100% occupancy with 3 retail units plus 11 residential units. All of the leases are currently gross rent. The tenants do pay for their hydro separately. The commercial tenants also pay for their gas consumption. There are 12 parking spaces at the back of the building. Parking is included in the rent. All rents are under market value offering the next owner the opportunity to fully renovate the residential units & common areas over time which will increase the financial performance & valuation of the building by a substantial amount. No on-site laundry. The lower flat roof is at the end of its lifespan. Two tankless water boilers were installed less than 7 years ago. Two hot water tanks service the building & are less than five years old. (id:42482)

Enquire about 16 Gore Street E, Perth, Ontario K7H 1H5

    Property Details

    Property Details for 16 Gore Street E, Perth, Ontario K7H 1H5

    MLS® Number 1255642
    Property Type Multi-family
    Neighbourhood Downtown Perth
    Parking Space Total 12

    Building

    Building details for 16 GORE STREET E, Perth, Ontario K7H 1H5
    Constructed Date 1920
    Exterior Finish Stone
    Foundation Type Stone
    Heating Fuel Natural Gas
    Heating Type Hot Water Radiator Heat
    Stories Total 3
    Utility Water Municipal Water

    Land

    Acreage No
    Sewer Municipal Sewage System
    Size Depth 89 Ft
    Size Frontage 79 Ft
    Size Irregular 79 Ft X 89 Ft
    Size Total Text 79 Ft X 89 Ft
    Zoning Description C1

    KELLER WILLIAMS INTEGRITY REALTY
    2148 Carling Ave., Units 5 & 6
    Ottawa, Ontario K2A 1H1

    (613) 829-1818
    (613) 829-3223
    www.kwintegrity.ca

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