| Message Number | 410120 | ||||||||
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| status | Active | ||||||||
| Subject Line | SOLD! KWC Waterloo - Rental Licensed Student Duplex - $849,000 - $57,000+ Gross Annual Income with Leases to August, 2023! 5.27% cap | ||||||||
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| Location, City | 99 Marshall Street, Waterloo | ||||||||
| Have/Want | Have | ||||||||
| Business category | Apartment buildings/multi unit/condo townhouse projects/investments | ||||||||
| Date of Listing | October 12 2022 | ||||||||
| Type Description | Student Duplex | ||||||||
| Location | Waterloo | ||||||||
| Price | $849,000.00 | ||||||||
| Gross Income | 58800 | ||||||||
| Expenses | 11512 | ||||||||
| Net Income | 46136 | ||||||||
| Cap Rate | 5.23 | ||||||||
| Comments | Welcome to 99 Marshall Street! $57,600 Gross Annual Income available here with written leases that start in September! This compelling, City-Approved, rental-licensed property with two units beckons for your immediate attention! The main floor opens with a fresh and recently painted living room with consistent laminate flooring and pot lights throughout. The bright living space boasts large windows, and sliders to an oversized, brand new, 16 foot x 12 foot deck! Note gas hook up. Walking through a large bull-nosed archway we enter the kitchen featuring recently refinished white kitchen cabinets with recent updates including a new fridge, new stove, new rangehood, new countertop, new double sink and new faucet. The main floor features three above grade bedrooms with custom built-in storage space. Heading down to the lower level we note a second kitchen with tiled floors - complete with new laminate countertop, a stainless steel double sink and pantry storage. Vinyl windows throughout lower level. The lower level also features a large rec-room with barn board accents adding warmth and charm to the home, as well as a brand new standing shower with modern tile surround. With a walk score of 81 (very walkable), you are close to all the amenities that make Waterloo great: one block to Wilfrid Laurier University, a short bike ride to University of Waterloo and an easy walk to Uptown Waterloo! This home will work very well for investor looking for positive cash flow duplex. Great neighbour! Tons of arrows up here! Book a private showing now! | ||||||||
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| Member Identifier | 201 | ||||||||
| Control | MLS | ||||||||
| Name | Mike Milovick | ||||||||
| Title | Broker | ||||||||
| Company Name | Royal LePage Grand Valley Realty Brokerage | ||||||||
| Address Line One | Unit 15C, 370 Highland Road West | ||||||||
| City | Kitchener | ||||||||
| State/Province | Ontario | ||||||||
| Zip/Postal Code | N2M 5J9 | ||||||||
| Country | Canada | ||||||||
| Business Phone Number | (519)745-7000 | ||||||||
| Cell Number | 519745-7000 | ||||||||
| Home Number | 519745-7000 | ||||||||
| FAX Number | (519) 745-8460 | ||||||||
| Email Address | Send Email | ||||||||
| Home Page | Home Page |
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