5 Rogers Rd Perth, ON K7H 1N9 | MLS #X11891292

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135 days ago

For Sale

Investment #X11891292

$5,500,000

5 Rogers Rd

Perth - Perth

25000 sqft

Commutes

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Property history Buy/sell history for 5 Rogers Rd Perth

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$5,500,000

For Sale

Date: 12 Dec, 2024 135 days

X11891292

Property details

Highlights

Home value

Rental analysis

Payments

Market trends

Property details Home Facts & Room Details for 5 Rogers Rd Perth ON

Home facts

Details

Rooms

Tax

$40195/yr

Property type

Investment

Style

Apartment

Sqft

25000

Lot size

294.3 x 250

Price/sqft

$220.00/sqft

Parking

Outside/Surface garage

MLS® #

X11891292

Major intersection

Rogers Road & Peter Street

Neighbourhood

Perth

Listed on

12 Dec, 2024

Property

Property type

Investment

Style

Apartment

Community

Perth

Municipality

Perth

Building

Heating

Gas Hot Water

Cooling

Water

Municipal

Parking

Garage type

Outside/Surface

Land

Frontage

294.3

Depth

250

Zoning

About this home

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. Read More

More homes for sale under $5.5M in Perth

Highlights Property insights for 5 Rogers Rd Perth ON

Home value Value estimate and comparables for 5 Rogers Rd Perth ON

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Rental analysis Rental estimate and analysis for 5 Rogers Rd Perth ON

Payments Mortgage payment estimate for 5 Rogers Rd Perth ON

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Market trend Market trends for Investment in Perth Perth

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9 AM - 12 PM

Afternoon

12 PM - 5 PM

Evening

5 PM - 9 PM

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Property is listed by ROYAL LEPAGE TEAM REALTY

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