Over $85,000+ Potential Gross Income Available Here! Positive cash flow opportunity with just 20% down with a solid 5.89 percent cap rate! Well-maintained, City approved, rental-licensed property featuring three D2 rental licenses (two five bedrooms and one four bedroom unit). Lots of upswing in value and additional increased income is 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!
Off market
Price Unknown
367 Holly St, Waterloo, ON N2L 4G2
14beds
0baths
Multi-3 Unit
Built in 1962
-- sqft lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 0
Appliances
- Laundry: Coin Operated
Features
- Sump Pump, Separate Hydro Meters
- Basement: Walk-Up
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi-3 Unit
Condition
- Year built: 1962
Utilities & green energy
- Sewer: Sewer (Municipal)
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Waterloo
Other
Other facts
- Property Type: Residential Income
- Roof: Asphalt Shing
- Sewer: Sewer (Municipal)
- Features Area Influences: Public Transit, Schools
- Heating: Baseboard, Electric
- Security Features: Smoke Detector(s)
- Interior Features: Sump Pump, Separate Hydro Meters
- Basement: Walk-Up
- Laundry Features: Coin Operated
- Property Sub Type: Multi-3 Unit
- Location: Urban