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$ 849,900
Est. payment | /mo
5 Beds
3 Baths
1,980 SqFt
$ 849,900
Est. payment | /mo
5 Beds
3 Baths
1,980 SqFt
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,980 sqft
Price per Sqft $429
Subdivision 114 - Uptown Waterloo/North Ward
MLS® Listing ID 40691331
Bedrooms 5
Originating Board Cornerstone - Waterloo Region
Year Built 1942
Property Sub-Type Freehold
Property Description
Discover a fantastic investment opportunity with this deceptively spacious triplex, ideally situated near Mary Allen Park, just steps from Uptown Waterloo and minutes from downtown Kitchener. This property combines location, functionality, and strong rental income potential, making it an ideal choice for savvy investors. The triplex features two separate driveways with paved parking for up to four vehicles, ensuring convenience for tenants. A fully fenced yard provides privacy and outdoor space, while the shared coin-operated laundry adds to tenant amenities and offers additional income potential. Each unit is equipped with its own hydro meter, allowing for separate utility management. The property has been thoughtfully maintained, with an updated electrical system in 2004, a newer water heater, and a recently serviced furnace ensuring reliable operation. With two units currently tenanted and one vacant, this property provides immediate income and the flexibility to attract a new tenant or explore other opportunities. Its prime location near parks, shopping, and public transit makes it a highly desirable rental property with long-term growth potential. (id:24570)
Location
State ON
Interior
Heating Radiant heat,
Cooling None
Exterior
Parking Features No
Community Features School Bus
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Chestnut Park Realty Southwestern Ontario Limited
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