367 HOLLY Street , Waterloo ON N2L 4G2

Sale $999,900.00  | 
Listing # 40041557
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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 solid 5.89 percent cap rate! Well-maintained, City approved, rental-licensed property featuring three D2 rental licenses (two five bedrooms and one four bedroom unit). Lots of upswing in value and additional increased income is 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:  tenants' possesions

Investment

Lot Frontage: 60.01 Feet
Lot Depth: 130.00 Feet
No. of Parking Spaces: 4
Built in: 1962
Bedrooms: 14
Zoning: R4 (68)

Property Features:

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