272 Lester Street , Waterloo
Hot Turn-key Property in Student Zone
All information, while not guaranteed, is from sources deemed reliable, but is subject to errors, omissions, corrections, changes in price, prior sale or withdrawal from market without notice.Status: Sold
Price:
$449,000.00
Address: 272 Lester Street , Waterloo | Near: University Ave., 2 minute walk to WLU and UW!
Listing Type: Multi-Family
| Property Type: DUPLEX
Bedrooms: 6
| Bathrooms: 2
Age: 1958 | Number of Units: 6 | Zoning: | Lot Dimensions 53X140.97 X 53 X 140.26 FEET
Laundry: Shared | Heating: Natural gas, forced air
Rare opp to embrace turn key income on sought after street in Waterloo! Well maintained. Easy to show. Always rented with waiting list! Ideal for investors that finds comfort in owning AAA location! Great flag ship property for experienced operator to drive rental calls for other locations. Note, City of Waterloo has on file as a 'legal non-conforming duplex'
Income |
Expenses |
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| Rental Income: | $34,080.00 | Condo Fees: | N/A | Garbage: | N/A |
| Laundry Income: | N/A | Taxes | $3,794.00 | Repairs: | N/A |
| Parking Income: | N/A | Utilities: | N/A | Vacancy: | N/A |
| Other Income: | N/A | Insurance: | $700.00 | Maintenance: | N/A |
| Management: | N/A | Equipment: | N/A | ||
Net Income: |
$29,586.00 |
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Cap Rate: |
6.59 |
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| Unit Number | # beds | first month | last month | rent amount |
| 1 | 3 | 475 | 475 | |
| 1 | 475 | 475 | ||
| 1 | 475 | 475 | ||
| 2 | 3 | 475 | 475 | |
| 2 | 475 | 475 | 2375 | |
| 2 | 465 | 465 | 465 | |
| Total | 34080 |
