Waterloo N2J 1K1 Ontario
MLS: X12670632
Added 23 hours ago | For Sale
Listed by: ROYAL LEPAGE WOLLE REALTY
Income with Updates! This purpose-built, partially owner occupied triplex beckons for your immediate attention. This is NOT a drive by. With great tenants and major cap ex done recently, this is an easy add to your investment portfolio. Recent improvements include: new water line to building, sump pump install, new front door, separate hydro meters, wide plank vinyl flooring in all units. Kitchens in all units updated. New bathrooms in Unit 1 and Unit 2.Buy with confidence: City-Approved Rental Licenses on the tenanted units means that you can rent/operate this building legally - a truly turn key operation that generates strong income! Current rents: Unit 1 - owner occupied, Unit 2 - $1882.86, Unit 3 - $1796.49. Current annual gross income of $44,152 (noting no income from owner occupied unit). Stack another $20,000+ Gross Income + by renting the owner occupied unit. Unit 2 departing end of February with opportunity to re-set rent to market. With good proximity to Uptown Waterloo and WRHN, (Waterloo Regional Health Network); steps to Sobey's Plaza and public transit; walking distance to Wilfrid Laurier and Iron Horse Trail, this building is a sought after location. Quick access to expressway. Looking for an opportunity to enter into the lucrative Kitchener-Waterloo real estate investment market? This is The One.
| Level | Type | Features | Dimensions |
|---|---|---|---|
| Main | Kitchen | 12 ft, 11 in x 12 ft, 3 in | |
| Living Room | 12 ft, 9 in x 10 ft, 10 in | ||
| Dining Room | 12 ft, 9 in x 8 ft, 3 in | ||
| Foyer | 3 ft, 10 in x 13 ft, 6 in | ||
| Primary Bedroom | 11 ft, 1 in x 13 ft, 1 in | ||
| Bedroom | 7 ft, 7 in x 4 ft, 11 in | ||
| Bathroom | 7 ft, 7 in x 4 ft, 11 in | ||
| Second | Kitchen | 12 ft, 11 in x 12 ft, 3 in | |
| Living Room | 12 ft, 10 in x 13 ft, 5 in | ||
| Dining Room | 12 ft, 10 in x 5 ft, 8 in | ||
| Foyer | 3 ft, 11 in x 13 ft, 8 in | ||
| Primary Bedroom | 11 ft x 13 ft, 1 in | ||
| Bedroom | 7 ft, 7 in x 4 ft, 11 in | ||
| Bathroom | 7 ft, 7 in x 4 ft, 11 in | ||
| Lower | Kitchen | 13 ft, 6 in x 8 ft, 10 in | |
| Living Room | 13 ft, 5 in x 12 ft, 3 in | ||
| Bedroom | 9 ft, 11 in x 9 ft, 9 in | ||
| Primary Bedroom | 10 ft x 11 ft, 11 in | ||
| Bathroom | 6 ft, 11 in x 4 ft, 11 in | ||
| Laundry | 10 ft x 12 ft, 11 in |
No property rooms available.
