Rarely does a place like this come for sale, a triplex in the quiet village of Portland, sitting just a block from Big Rideau Lake. Fully rented at the moment with one unit vacating for June 1st, makes it the perfect opportunity for an owner occupied investment property. There is a one bedroom main floor unit with a long time tenant, the next main floor unit has 2 bedrooms above and was updated throughout before the current tenant arrived, and the last unit has 2 bedrooms with a modern country kitchen, pot lights and an upper deck with seasonal views of the lake, and this will be the vacant unit! All units have separate hydro meters, one unit heats with a propane furnace and the others are baseboard, meaning all utilities are on the tenants, and each unit has their own laundry as well. Enjoy all the local amenities the village has to offer such as banks, LCBO, shops, restaurants, marinas, post office, library and a public beach and boat launch just a block away. Live in one unit and have the other 2 cover your mortgage, or rent it out and make some money. Current gross rent of $31,584 nets $25,364.
Address
24 Perth Street
List Price
$469,900
Property Type
Residential Freehold
Type of Dwelling
Triplex
Style of Home
2-Storey
Area
Rideau Lakes
Sub-Area
818 - Rideau Lakes (Bastard) Twp
County
Leeds and Grenville
Bedrooms
5
Bathrooms
3
Floor Area
2000 - 2500 Sq. Ft.
Lot Size Source
GeoWarehouse
Lot Depth
123.02
Lot Shape
Rectangular
Lot Size Range (Acres)
.50 - 1.99
Lot Size Units
Feet
Lot Width
59.9
Approx. Age
100+ Years
MLS® Number
X12084628
Listing Brokerage
ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
Basement Area
Exposed Rock, Unfinished
Postal Code
K0G 1V0
Parking
Private
Parking Places (Total)
3
Tax Amount
$2,158.62
Tax Year
2024
Exterior Features
Deck, Porch, Year Round Living
Interior Features
Separate Heating Controls, Separate Hydro Meter, Water Heater, Water Softener
Property Features
Beach, Library, Marina, Park
Heat Source
Electric
Heat Type
Baseboard
Cooling Features
None
Construction Materials
Brick
Direction Faces
West
Foundation Details
Concrete, Stone
Garage Type
None
Kitchens Total
3
Other Structures
Shed
Pool Features
None
Roof
Asphalt Shingle, Flat, Metal
Security Features
Smoke Detector
Water Source
Drilled Well
Waterfront
None
Sewer
Septic