367 Holly Street , Waterloo Ontario N2L4G2

Sale $1,069,000.00  | 
Listing # 30812011
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Mike Milovick

Team Milovick

Phone:  519.745.7000
Fax:  519.745.8460

Royal LePage Grand Valley Realty, Brokerage (Independently owned and operated)

Brokerage

15C - 370 HIGHLAND ROAD WEST
Kitchener,  ON N2M5J9

Remarks:

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:27)

Investment

Lot Frontage: 60.0 Feet
Lot Depth: 130.0 Feet
No. of Parking Spaces: 4
Floor Space (approx): 2367.00 Square Feet
Built in: 1962
Zoning: R4 (68)

Property Features:

Amenities Nearby: Public Transit , Schools
Equipment Type: Water Heater
Features: Paved driveway , Level , Country residential , Laundry- Coin operated , Sump Pump
OwnershipType: Freehold
Parking Type: No Garage
Property Type: Multi-family
Rental Equipment Type: Water Heater
Sewer: Municipal sewage system
Utility Type: Water - Available

Building Features:

Appliances: Dryer , Refrigerator , Stove , Washer
Architectural Style: 2 Level , Multi-Unit
Basement Development: Finished
Basement Type: Full
Building Type: Triplex
Construction Material: Wood frame
Construction Style - Attachment: Detached
Cooling Type: None
Exterior Finish: Brick , Wood
Fire Protection: Smoke Detectors
Foundation Type: Poured Concrete
Heating Fuel: Electric
Heating Type: Baseboard heaters