$1,069,000

367 Holly Street

Waterloo ON, N2L 4G2

Description

Over $85,000+ Potential Gross Income Available Here! Positive cash flow opportunity with just 20% down with a projected 5 percent cap rate. Well-maintained, City approved, rental-licensed property featuring three D2 rental licenses (two five bedrooms and one four bedroom). Owner is completing re-rentals for September. Lots of upswing in value and additional increased income is still available for the next operator! All bathrooms modernized. Newer maple kitchen cabinetry, contemporary countertops and ceramic flooring in all three kitchens. Key pad access to each unit. Coin operated washer and dryer. Thermal pane windows. Four parking spots. Close to all of Waterloo's amenities and walking distance to both University of Waterloo, Wilfrid Laurier University and Conestoga College's Waterloo campus. REALTOR.ca consumers - click on Brochure icon above for investor work sheet which has full financials, combined with contemporary financing, to show how this opportunity can work for you!

Details

MLS#30812011
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1962
Days On Site95

Features

SQ Feet2,367
Units3
Building(s)1
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Area Information
ProvinceON
CountyWaterloo
CityWaterloo
Postal CodeN2L 4G2
Area4 - Waterloo West
Listing VS Median (in N2L 4G2)
Price:
$1,069,000
low | high
Med:
$1,069,000
50% of Average
SqFt:
2,367
low | high
Med:
2,367
50% of Average
$ / SqFt:
$452
low | high
Med:
$452
50% of Average
On Site:
95
low | high
Med:
95
100% of Average
Listing Updated: 09/19/2020
MIKE MILOVICK LogoMLS Number: 30812011
Listing Provided By:
MIKE MILOVICK  of  ROYAL LEPAGE GRAND VALLEY REALTY
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