197 Palmer Avenue Kitchener, Ontario N2G 3P7
$899,900
$$$ DON’T MISS OUT ON THIS CASH COW LEGAL TRIPLEX WITH OVER 5% PROJECTED CAP RATE $$$ COMPLETELY UPDATED LEGAL TRIPLEX IN THE HEART OF THE CITY WITH METAL ROOF & ZERO CONDO FEES!!! This is the perfect opportunity for the savvy investor to grow their portfolio. This home has been completely gutted and updated! With too many updates to list…here are just a few; NEW WINDOWS, DOORS, ELECTRICAL, PLUMBING, FLOORING, BATHROOMS ETC… this is a MUST-SEE building. All units have private entrances as well as EN-SUITE laundry. Your Tenants can enjoy the morning and evening sun on their private veranda or balcony (id:53282)
Property Details
| MLS® Number | 40614672 |
| Property Type | Multi-family |
| AmenitiesNearBy | Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| CommunityFeatures | High Traffic Area, Community Centre |
| EquipmentType | Water Heater |
| ParkingSpaceTotal | 3 |
| RentalEquipmentType | Water Heater |
| Structure | Porch |
Building
| BathroomTotal | 3 |
| BedroomsTotal | 3 |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| ConstructedDate | 1912 |
| CoolingType | Central Air Conditioning, Wall Unit |
| ExteriorFinish | Brick, Vinyl Siding |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 1846.09 Sqft |
| Type | Triplex |
| UtilityWater | Municipal Water |
Land
| AccessType | Highway Access |
| Acreage | No |
| LandAmenities | Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| SizeDepth | 90 Ft |
| SizeFrontage | 40 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | R-5 |
https://www.realtor.ca/real-estate/27120904/197-palmer-avenue-kitchener
Interested?
Contact us for more information
Shawn Ramautor
Salesperson
71 Weber Street E.
Kitchener, Ontario N2H 1C6
Dave Ramautor
Salesperson
71 Weber Street E., Unit B
Kitchener, Ontario N2H 1C6
Jean S. Ramautor
Salesperson
71 Weber Street E.
Kitchener, Ontario N2H 1C6
Tracy Sanderson
Salesperson
71 Weber Street E.
Kitchener, Ontario N2H 1C6
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July 08 2024 07:48:41
Royal LePage Wolle Realty