197 PALMER Avenue new 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 $514
Subdivision 311 - Downtown/Rockway/S. Ward
MLS Listing ID 40783723
Bedrooms 3
Year Built 1912
Property Sub-Type Freehold
Source Cornerstone Association of REALTORS®
Property Description
Don't miss this exceptional opportunity to own a cash-flowing, fully updated legal triplex in the heart of the city. Perfect for the savvy investor or owner-occupant, this property offers impressive income potential with top-to-bottom renovations. The main floor and upper unit are currently vacant, freshly painted, and ready for immediate possession. The lower unit is tenanted, providing instant income. This property has been meticulously upgraded with a modern metal roof, new windows and doors, and updated electrical and plumbing systems meeting today's standards. Inside, each suite features stylish new flooring, contemporary bathroom finishes, private entrances, and in-suite laundry for ultimate tenant appeal. Outdoor spaces include spacious verandas and balconies, perfect for enjoying morning coffee or evening sunsets. Move-in ready and designed to attract high-quality tenants, this triplex combines modern convenience, classic charm, and strong income potential. Whether you're looking to expand your portfolio or move into one unit and rent out the others, this is a turnkey investment you won't want to miss! (id:24570)
Location
State ON
Rooms
Kitchen 0.0
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