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About the Listing 506805 -
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 $217,968 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.
Listing Highlights for 5 Rogers Rd
Status
Pending
Days on Site
47
Property Type
Commercial Sale
MLS ®
X12413292
Year Built
Total Square Footage
2
Lot/Acreage
1.69
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Partial
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $43,488
- Taxes w/Assessments: N/A
- Tax/Property ID: 051850159
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
5 Rogers Rd Perth, ON K7H 1N9
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