Discover a robust addition to your portfolio with 150-152 Gore Street. This well maintained duplex is situated just steps from the vibrant shops, dining, and parks of downtown Perth. This property offers immediate, reliable cash flow with a total monthly rental income of $3,950. 152 Gore: Currently generating $2,200/month, offering flexibility for market rent adjustments or owner-occupancy. 150 Gore: Generating $1,750/month (Leased), providing long-term stability. Efficiency is maximized as both units have separate furnaces and hydro meters, ensuring tenants pay their own heat and electricity. Minimize your capital expenditure with a long list of recent improvements: Roof: replaced August 2021, Eavestroughs: New in September 2022, Unit 150: Hot Water Tank (May 2022), New Dryer 2025 Unit 152: New Stove (April 2024), Updated Bathroom Vanity (March 2024). The property is deceptively large, offering diverse layouts that appeal to a wide tenant base. Unit 150 is a comfortable 2-bedroom, 1-bathroom home with direct backyard access. Unit 152 is a spacious 3-bedroom, 1 bathroom residence with a formal dining room, a versatile main-floor office/playroom, and a bright 3-season room leading to the expansive rear yard. Both tenants benefit from dedicated storage in the detached garage. With an average water/sewer cost of $135/month and insurance at $296/month, the margins on this property are excellent. Invest with confidence in one of Ontario's most sought-after towns. Whether you are looking for a worry-free "set and forget" investment or a multi-generational living solution.
Details
X12836458
Detached/3
$524,900
Tenant
None
2 + 2
2-Storey
5
2
1500-2000 Sqft
N/A N/A
N/A
Duplex
Sale
Additional details
Forced Air / Gas
R3 Res 3rd Density
$2965
2025
Pt Lt 2 N/Brock Plan 8828 Lanark S Drummond as in RS 131877 Town of Perth County of Lanark
N/A
N
Crawl Space,Unfinished
None
Municipal
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FAQ
What is the total square footage of the X12836458 - 150-152 GORE Street E, Perth, ON K7H 1J7?
The total square footage of this property is 1500-2000 SqFt.
What schools near to X12836458 - 150-152 GORE Street E, Perth, ON K7H 1J7?