Kitchener, ON N2G3P7,197 PALMER Avenue
Kitchener, ON N2G3P7,197 PALMER Avenue
Kitchener, ON N2G3P7,197 PALMER Avenue
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$899,900
Est. payment /mo
3 Beds
3 Baths
1,846 SqFt

UPDATED:

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

State 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


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Listed by ROYAL LEPAGE WOLLE REALTY

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Aaron MacRae

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