38 Drummond Street West Perth, ON K7H 2J8
Inscription par:  CREA / Listed By: Re/Max Frontline Realty

  38 Drummond Street West Perth, ON K7H 2J8

En vigueur (415 Jours)
995 000 $ (CAD)
5 000
PI. CA.

Description

Fully tenanted 7-unit multi-residential investment property in a prime Perth location, directly across from the hospital and situated on one of the town's most desirable streets. This turnkey asset offers immediate rental income with a strong tenant profile, supported by a well-maintained building that combines historic character with key capital upgrades.The property consists of 7 self-contained units: 2 two-bedroom units, 4 one-bedroom units, and 1 bachelor unit, providing a well-balanced unit mix attractive to a broad tenant base. Tenants benefit from on-site shared laundry, generous storage, a detached coach house garage with loft space, and a clean, dry basement, adding further utility and long-term appeal.Major infrastructure improvements completed in 2019/2020 include all new hydro meters, updated breaker panels, and a full electrical rewire, significantly reducing near-term capital expenditure concerns and improving operational efficiency. Pride of ownership is evident throughout, with the building carefully maintained to preserve its condition and tenant appeal.Set in a high-demand rental location near Perth Hospital, this property offers a compelling opportunity for investors seeking stable cash flow, solid fundamentals, and long-term upside in a quality multi-unit asset. The property's distinctive Victorian architecture, spacious layouts, hardwood flooring, mouldings, stained glass, and multiple fireplaces enhance tenant desirability while setting it apart from typical rental inventory. (id:41440)

MLS®:
X12273868
Les impôts
$10,035
Catégorie
Multifamily
Ville
Lanark County

Listed By

Kristine Oakes, Re/Max Frontline Realty
Source
CREA
Dernière vérification Août 28 2026 à 9:13 PM EDT
Détails sur les salles de bains
Chauffage et refroidissement
  • Radiant Heat
  • None
Stationnement
  • Total: 8
Surface Habitable
  • 5,000 pi. ca.

Historique des prix des annonces

Date
Événement
Prix
% Variation en
$ (+/-)
Sep 05, 2025
Prix modifié
995 000 $
-13%
-155 000 $
Alimenté par Walk Score®
Disclaimer: REALTOR.CA The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled
by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 8/28/26 14:13