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Over $85,000+ Potential Gross Income Available Here! Positive cash flow opportunity with just 20% down with a projected 5 percent cap rate. Well-maintained, City approved, rental-licensed property featuring three D2 rental licenses (two five bedrooms and one four bedroom). Owner is completing re-rentals for September. Lots of upswing in value and additional increased income is still available for the next operator! All bathrooms modernized. Newer maple kitchen cabinetry, contemporary countertops and ceramic flooring in all three kitchens. Key pad access to each unit. Coin operated washer and dryer. Thermal pane windows. Four parking spots. Close to all of Waterloo's amenities and walking distance to both University of Waterloo, Wilfrid Laurier University and Conestoga College's Waterloo campus. REALTOR.ca consumers - click on Brochure icon above for investor work sheet which has full financials, combined with contemporary financing, to show how this opportunity can work for you! (id:10452)
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|Days On Our Website||127|
|Basement||Finished - Full (Finished)|
|Lot Dimensions||under 1/2 acre|
|Heating||Electric - Baseboard heaters|
|Sewers||Municipal sewage system|
Listing Office: ROYAL LEPAGE GRAND VALLEY REALTY
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