317 SPRUCE Street , Waterloo

15 Bed / $1,600,000 / MLS® Listing #:40167872

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Over $98,400+ Annualized Gross Income Available Here! Cash Flow Machine! This meticulously maintained, owner-managed, triplex features a 2097 square foot purpose-built addition with generously sized bedrooms and common space. Located about a five minute walk to WLU and a fifteen minute walk to UW, this is a turn key, rental licensed, city approved opportunity. Three 5 bedroom units. This building comes to you fully rented. A lot of arrows up here: note three electricity meters, three gas meters, moisture sensing fans in all bathrooms, life safety systems annually inspected, and in suite laundry. This building comes complete with good, clean tenants. Some furnishings are seller provided. Located in investor-desirable Northdale, this opportunity should provide better than average yield - today - and in years to come! With both universities fully open for January, this makes for a tremendous re-opening investment! Let me make your financial analysis of this opportunity easy! Investor work sheet available to show how this positive cash flow property can work for you! Let me e-mail it to you. (id:10452)

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Property Details

Property Type Triplex
Square Feet 2353.0000
Maintenance N/A
Days On Our Website 15
Basement Finished - Full (Finished)
Kitchens
Lot Dimensions under 1/2 acre
Pool N/A
Area Waterloo
Air Conditioning None
Heating Natural gas - Boiler, Forced air
Exterior Brick, Vinyl siding
Parking Spaces 3
Sewers Municipal sewage system
Water Municipal water

Listing Office: ROYAL LEPAGE GRAND VALLEY REALTY



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