For Sale

$1,025,000.00

367 HOLLY Street, Waterloo, ON N2L 4G2

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!

Inclusions:

NONE

Exclusions:

4 water heaters (rented)

Property Summary

  • Lot Frontage: 60.01 Feet
  • Lot Depth: 130.00 Feet
  • No. of Parking Spaces: 4
  • Floor Space (approx): 2367.00 Square Feet
  • Built in: 1962
  • Zoning: R4 (68)

Property Features:

  • Acres Range:
    < 0.5
  • Architectural Style:
    2 Storey
  • Basement:
    Full , Fully Finished , Walk-Up
  • Business Type:
    []
  • Construction Materials:
    Brick , Wood
  • Features Area Influences:
    Level , Public Transit , Schools
  • Foundation Detail:
    Poured Concrete
  • Heating:
    Baseboard , Electric
  • Interior Features:
    Multiple Kitchens , Separate Hydro Meters , Sump Pump
  • Laundry Features:
    Coin Operated
  • Levels:
    Two
  • Parking Features:
    Asphalt , Outside/Surface/Open , None
  • Roof:
    Asphalt Shing
  • Security Features:
    Smoke Detector(s)
  • Sewer:
    Sewer (Municipal)
  • Type:
    Detached
  • Under Contract:
    Hot Water Heater
  • Water Source:
    Municipal

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