| Message Number | 400172 | ||||||||
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| status | Active | ||||||||
| Subject Line | KWC- Waterloo - Triplex - $1,350,000 - $92,000+ Potential Gross Income | ||||||||
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| Location, City | Waterloo | ||||||||
| Have/Want | Have | ||||||||
| Business category | Apartment buildings/multi unit/condo townhouse projects/investments | ||||||||
| Date of Listing | August 3 2021 | ||||||||
| Type Description | Student Investment Real Estate | ||||||||
| Location | 32 Noecker Street | ||||||||
| Price | $1,350,000.00 | ||||||||
| Building area | 2334 | ||||||||
| Zoning | R-4 | ||||||||
| Gross Income | 92000 | ||||||||
| Expenses | 35,267.00 | ||||||||
| Net Income | 57,013.00 | ||||||||
| Comments | $92,000+ Potential Gross Annualized Income Available here! Twelve month leases actively being installed for September, 2021. Generous potential positive cash flow, This very clean, purpose built triplex is a City-Approved operation with Class D2 rental licenses for five rental bedrooms per unit! Turn Key operation. Freshly painted with newer vinyl plank flooring (carpet free). Note two bathrooms per unit, In suite laundry and efficient lay out design. Located on oversized lot with large parking lot in the rear. Additional income available by renting parking spots. Three separate electrical meters. Walk Score of 90 (Walker's Paradise) means this property is situated close to everywhere your tenants' want to be - WLU, Uptown and all the locales! This is a timely re-opening play to add to your existing investment portfolio. Located in one of the Perennially Best Cities in Canada to invest in. Let me e-mail you an investor work sheet to show how this opportunity can work for you! | ||||||||
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| Member Identifier | 201 | ||||||||
| 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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