| Message Number | 392607 | ||||||||
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| status | Active | ||||||||
| Subject Line | KWC - Waterloo � Student Fourplex - $2,100,000 - $126,000+ Annualized Gross! Separate electric, gas and water meters, Positive cash flow with 20% Down | ||||||||
| Business area |
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| Location, City | Waterloo | ||||||||
| Have/Want | Have | ||||||||
| Business category | Apartment buildings/multi unit/condo townhouse projects/investments | ||||||||
| Date of Listing | September 27 2020 | ||||||||
| Type Description | Student Investment Real Estate | ||||||||
| Location | One Block from WLU | ||||||||
| Price | $2,100,000.00 | ||||||||
| Zoning | RMU-20 | ||||||||
| Gross Income | 126000 | ||||||||
| Expenses | 44292 | ||||||||
| Net Income | 80232 | ||||||||
| Comments | $126,000+ Scheduled Gross Income Available Here! This apartment building features spacious units with oversized bedrooms, massive common areas. Two bathrooms per unit. Very clean. Individual meters for water, electricity and gas. Front Roof done in 2015. Back roof done in 2004. In floor heating in the lower levels of Units A and D. Great central location with close proximity to Uptown and walking distance to both Universities. RMU-20 zoning may allow for further, future re-development. Original building expanded and significantly renovated in 2004. Rental-licensed exempt building! Written leases in place to end of April, 2021. Positive cash flow with just 20 percent down. Investor work sheet with full financials applied to contemporary financing available! Optimize the building�s financial statement to unlock tremendous, additional value: increase rents significantly on re-rental while offloading utility costs to new tenants. When you click on the Investor Work Sheet link below, you will get a message asking you to "Open This in a New Window" Click on "Open This in a New Window". | ||||||||
| Internet Links |
More Investment Properties Here | ||||||||
| 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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