$750,000
$799,999
6.2%For more information regarding the value of a property, please contact us for a free consultation.
184 ST. GEORGE ST West Perth, ON N0K 1N0
5 Beds
4 Baths
Key Details
Sold Price $750,000
Property Type Multi-Family
Sub Type Multiplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID X10406365
Sold Date 12/11/24
Style 2-Storey
Bedrooms 5
Annual Tax Amount $2,429
Tax Year 2023
Property Description
This fourplex features three 1-bedroom units and one 2-bedroom unit, all with in-suite laundry, fridge, stove, and dishwasher for added tenant appeal. Separate gas and hydro meters ensure efficiency, with the landlord only responsible for water and common area hydro. The property includes four owned hot water tanks and ample parking space for residents. Recent capital improvements include a new roof (2019), updated siding (2020), and mostly new windows (2021), all contributing to reduced maintenance costs and increased energy efficiency. The eavestroughs were resealed in 2022. Current rents are as follows: Unit 1 is vacant (previously rented for $1500 + gas/hydro, Unit 2 rents for $1,800 plus gas/hydro, Unit 3 for $1,250 plus gas/hydro, and Unit 4 for $1,244.45 plus gas/hydro. With strong rental income and recent improvements, this 4-plex is ready to provide a consistent and lucrative return on your investment.
Location
Province ON
County Perth
Community 65 - Town Of Mitchell
Area Perth
Zoning R2
Region 65 - Town of Mitchell
City Region 65 - Town of Mitchell
Rooms
Family Room No
Basement Partial Basement, Unfinished
Kitchen 4
Interior
Interior Features Separate Hydro Meter
Cooling Central Air
Exterior
Parking Features Available
Garage Spaces 7.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 106.66
Lot Depth 77.5
Total Parking Spaces 7
Building
Foundation Stone
Read Less
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