For Sale

$1,350,000.00

32 NOECKER Street, Waterloo, ON N2J 2R4

15 Beds

Remarks

$92,000+ Potential Gross Annualized Income Available here! Twelve month leases actively being installed for September, 2021. Generous potential positive cash flow, This very clean, purpose built triplex is a City-Approved operation with Class D2 rental licenses for five rental bedrooms per unit! Turn Key operation. Freshly painted with newer vinyl plank flooring (carpet free). Note two bathrooms per unit, In suite laundry and efficient lay out design.Located on oversized lot with large parking lot in the rear. Additional income available by renting parking spots. Three separate electrical meters.Walk Score of 90 (Walker's Paradise) means this property is situated close to everywhere your tenants' want to be - WLU, Uptown and all the locales! This is a timely re-opening play to add to your existing investment portfolio.Located in one of the Perennially Best Cities in Canada to invest in. Let me e-mail you an investor work sheet to show how this opportunity can work for you!

Inclusions:

NONE

Exclusions:

Tenants' Possessions

Property Summary

  • Lot Frontage: 58.00 Feet
  • Lot Depth: 110.00 Feet
  • Floor Space (approx): 2334.00 Square Feet
  • Built in: 1990
  • Bedrooms: 15
  • Zoning: R-4

Property Features:

  • Acres Range:
    < 0.5
  • Basement Finish:
    Fully Finished
  • Basement Type:
    Full Basement
  • Construction Materials:
    Brick , Vinyl Siding
  • Features Area Influences:
    Downtown , Library , Park , Place of Worship , Public Transit , Schools , Shopping Nearby
  • Foundation Detail:
    Concrete
  • Heating:
    Baseboard , Electric
  • Interior Features:
    Separate Heating Controls , Separate Hydro Meters
  • Laundry Features:
    In-Suite
  • Lease To Own Equipment:
    None
  • Road Access:
    Municipal Road
  • Roof:
    Asphalt Shing
  • Security Features:
    Smoke Detector(s)
  • Sewer:
    Sewer (Municipal)
  • Topography:
    Flat
  • Under Contract:
    None
  • Water Source:
    Municipal
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