197 PALMER Avenue, Kitchener, Ontario

$899,900

3 Beds
3 Baths
1,846 Square Feet

$$$ DON’T MISS OUT ON THIS CASH COW LEGAL TRIPLEX WITH OVER 5% PROJECTED CAP RATE $$$ 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:56241)

Listing ID: 40614672
Property Type: Multi-family
Year Built: 1912

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Details

Amenities Nearby: Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Community Features: High Traffic Area, Community Centre
Equipment: Water Heater
Ownership: Freehold
Parking Spaces: 3
Rental Equipment: Water Heater
Structure: Porch
Transaction: For sale
Zoning Description: R-5

Building

BasementType: Full (Finished)
Basement Development: Finished
Constructed Date: 1912
Cooling: Central air conditioning, Wall unit
Exterior Finish: Brick, Vinyl siding
Fireplace Present: False
Bathrooms (Total): 3
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 1846.09 sqft
Stories Total: 2
Type: Triplex
Utility Water: Municipal water

Land

Access Type: Highway access
Amenities: Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Sewer: Municipal sewage system
Size Frontage: 40 ft

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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 197 PALMER Avenue in Kitchener Ontario. It was last modified on July 3rd, 2024. Contact us to schedule a viewing or to discover other Kitchener real estate for sale.

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