KWC - Waterloo - Fourplex on Rare Infill Site $66,000 Gross! $699,900

Mike Milovick

Frequent Forum Member
REIN Member
$66,000 Gross Annual Income Available Here! Close to UW, Uptown and on bus route. Plenty of parking. Lower five bedroom unit features updated kitchen, newer carpet throughout. Upper five bedroom unit is exceptionally spacious. Note building is is situated on oversized lot in flexible, easy to develop, MR-6 zoning. Enjoy positive cash flow from existing leases while planning your next multi-residential development. Few infill sites like this left in Waterloo! Income stream mostly in place for next school year with new leases on Units 1 (4 bedroom), 3 (five bedroom and 4 (five bedroom).

Investor worksheet available as attachment.

For details:
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  • Investor Work Sheet 392 Erb Street West, Waterloo.pdf
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