KWC Waterloo - $899,900 Updated Residential Triplex Generating $43,500 Gross Per Annum

Mike Milovick

Inspired Forum Member
REIN Member
$43,500 Gross Annual Income Available Here! Income with Updates!

This purpose-built triplex beckons for your immediate attention. This is NOT a drive by. With great tenants and major cap ex done recently, this is an easy add to your investment portfolio.

Numerous updates: each unit has newer furnace, new water heater, new air conditioning unit (2017). Water softener (2020). New vinyl windows. New Bavarian front and side exterior doors. Main floor unit has contemporary white kitchen with granite counter top. Bathrooms newer. Separate gas meters. Separate electrical meters. Punch code building and unit access. Parking lot redesigned/repaved (2020). Coin laundry machines (2017) provides additional income stream. Lower unit features jet tub. Each unit has own gas fire place.

Buy with confidence: City-Approved Rental Licenses means that you can rent/operate this building legally. A truly turn key operation that generates strong, positive cash flow with just 35% down! Current rents: $1275, $1450 and $900. Each tenant has access to their own private green space.

Investor work sheet attached with full financials available. Positive cash flow with 35% down.

Virtual tour here: Virtual Tour

Full picture gallery here: Picture Gallery

With good proximity to Uptown Waterloo and Grand River Hospital, steps to Sobey’s Plaza and public transit, and walking distance to Wilfrid Laurier and Iron Horse Trail, this building is a sought after location. Quick access to expressway. Looking for an opportunity to enter into the lucrative Kitchener-Waterloo real estate investment market? This is The One.

For viewing, e-mail me direct mike@teammilovick.com or 519 745-7000.
 

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