19 North Street, Perth, ON K7H 2S4

$999,000
5
BD
5
BA
3,000
SqFt

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List Price
$999,000
MLS#
X13735762
Status
ACTIVE
Type
Multifamily
SubType
Fourplex
Style
3-Storey
Bedrooms
5
Bathrooms
5
Living Area
3000-3500
Province
ON
Municipality
Perth
Area
Lanark
Neighborhood
907 - Perth
Subdivision
Beckwith St & North St.

Property Description

Welcome to 19 North Street in the heart of beautiful Perth-an exceptional, fully tenanted fourplex offering investors the opportunity to step into an established income-producing property from day one. Ideally located just moments from Perth's vibrant downtown core, this charming and extensively updated multi-residential property combines a strong rental profile, desirable location, and significant improvements that make it an excellent addition to any investment portfolio. With all four units currently rented, investors can benefit from immediate rental income and an established tenant base without the uncertainty of filling vacancies after closing. Over $240,000 has been invested into the property over the years, with improvements including updated windows, roofing, exterior painting, landscaping, flooring, appliances, and extensive renovations throughout the units. Several suites feature updated kitchens and bathrooms, bright and inviting living spaces, private entrances, verandas, outdoor areas, and in-unit laundry access, helping create comfortable and highly desirable rental accommodations. The property's location further strengthens its long-term investment appeal, with Perth's shops, restaurants, parks, waterfront, and everyday amenities all close at hand. Known for its heritage charm, thriving downtown, and strong sense of community, Perth continues to attract professionals, retirees, commuters, and tenants looking for quality housing outside larger urban centres. With limited rental inventory, continued housing demand, substantial improvements already completed, and four established tenancies in place, 19 North Street represents a compelling opportunity for investors looking for a well-located, income-producing multi-residential property with both character and long-term potential. A true turnkey investment in one of Eastern Ontario's most desirable small towns.

Additional Information

Taxes
$7,412
Heat Type
Other
Heat Source
Gas
Air Conditioning
None
Kitchens
4
Exterior
Brick
Garage Spaces
1
Garage Type
Attached
Pool
None
Parking Spaces
4

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Calculator source: Real Geeks

Listing courtesy of REMAX BOARDWALK REALTY.