KWC - Waterloo - 15 Student Triplex - $1,300,000 - $96,000 Gross Annual Income!

Mike Milovick

Inspired Forum Member
REIN Member
Mar 15, 2008
512
18
18
Waterloo, Ontario, Canada
#1
$96,000 Gross Annual Income set for September, 2019 ($95,820 current)! Cash flow positive, City rental licensed triplex steps to main entrance from WLU and adjacent to WLU Business Building! Throw football and hit campus from here! Exceptionally well-maintained. Roof (2016). New broadloom in lower level unit (2016). Updated light fixtures. Separate electric and gas meters. Freshly painted. Two bathrooms per unit. In suite laundry. Large common areas. Large detached shed for supplemental landlord storage. New fridges, stoves (2018). All tenants on multi-year lease. 13/15 tenants staying for at least an additional year - beyond September, 2019. 2 remaining rooms already re-rented for September, 2019. Nothing to do here but collect good rents until at least end of August, 2020! This is an ideal opportunity for the rental housing provider that takes great comfort in operating buildings that back on to WLU campus. Owned/enjoyed by same investment group for over twelve years. Now its your turn!

Virtual Tours for two of the units:
https://youriguide.com/249_hazel_st_unit_b/
https://youriguide.com/249_hazel_st_unit_a/

Income and Expense attached.

E-mail me to arrange a private tour, mike@teammilovick.com

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