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:4069)
| Address |
197 PALMER Avenue |
| List Price |
$899,900 |
| Property Type |
Multi-family |
| Type of Dwelling |
Triplex |
| Area |
Ontario |
| Sub-Area |
Kitchener |
| Bedrooms |
3 |
| Bathrooms |
3 |
| Floor Area |
1,846 Sq. Ft. |
| Year Built |
1912 |
| MLS® Number |
40675584 |
| Listing Brokerage |
ROYAL LEPAGE WOLLE REALTY
| Royal LePage Wolle Realty
|
| Basement Area |
Full (Finished) |
| Postal Code |
N2G3P7 |
| Zoning |
R-5 |
| Site Influences |
Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping |
