197 PALMER Avenue Active Save Request In-Person Tour Request Virtual Tour
Kitchener,ON N2G3P7
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,846 sqft
Price per Sqft $487
Subdivision 311 - Downtown/Rockway/S. Ward
MLS Listing ID 40675584
Bedrooms 3
Originating Board Cornerstone - Waterloo Region
Year Built 1912
Property Description
Don’t Miss Out on This Prime Investment Opportunity! Legal Triplex with Projected 5%+ Cap Rate in the Heart of the City! This fully updated, cash-flowing triplex is the ideal property for the savvy investor looking to grow their portfolio. Featuring a modern metal roof and zero condo fees, this property has been meticulously gutted and revamped from top to bottom—no detail was spared! Highlighted Upgrades Include: Brand New Windows & Doors for enhanced curb appeal and energy efficiency, Updated Electrical & Plumbing to modern standards, Stylish New Flooring throughout all units, Revamped Bathrooms with contemporary finishes, Each unit offers private entrances and en-suite laundry, creating a highly desirable setup for tenants. With spacious verandas and balconies, residents can enjoy both morning and evening sun in their own outdoor space. This triplex is a must-see for serious investors. Schedule a viewing today and see why this property is the perfect addition to your portfolio! (id:24570)
Location
Province ON
Interior
Heating Forced air,
Cooling Central air conditioning,Wall unit
Exterior
Parking Features No
Community Features High Traffic Area,Community Centre
View Y/N No
Total Parking Spaces 3
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold