Property Information:
Centrally located close to DTK and Uptown Waterloo, a corner location, all-brick purpose-built triplex offering a well-maintained building with an attractive unit mix of two 2-bedroom suites plus one bachelor unit in the basement. The property also features a detached two-car garage, providing valuable on-site parking or potential for additional income. The building is heated by gas boiler and separately metered hydro for each unit, helping to control operating expenses. Current average rent is $1,264 per month, with an additional $2,640 annual income for parking and garage rentals, this supported by quality tenants, with future rental upside potential. Key updates include: Boiler (2010), Roof (2011), Driveway (2013) and Windows (2015). A solid, turnkey multifamily asset in a convenient central location with strong fundamentals and room for growth. (id:27)
Building Features:
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Style:
Multiplex
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Building Type:
Triplex
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Basement Development:
Partially finished
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Basement Type:
Full
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Exterior Finish:
Brick
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Floor Space:
1868 sqft
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Heating Type:
Other
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Heating Fuel:
Natural gas
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Cooling Type:
None
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Appliances:
Water softener