197 PALMER Avenue Active

Kitchener,ON N2G3P7

$ 899900

3 Beds

3 Baths

1846 SqFt


Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,846 sqft

Price per Sqft $487

Subdivision 311 - Downtown/Rockway/S. Ward

MLS Listing ID 40675584

Bedrooms 3

Year Built 1912

Property Description

Don?t Miss Out on This Prime Investment Opportunity! Legal Triplex with Projected 5%+ Cap Rate in the Heart of the City! This fully updated, cash-flowing triplex is the ideal property for the savvy investor looking to grow their portfolio. Featuring a modern metal roof and zero condo fees, this property has been meticulously gutted and revamped from top to bottom?no detail was spared! Highlighted Upgrades Include: Brand New Windows & Doors for enhanced curb appeal and energy efficiency, Updated Electrical & Plumbing to modern standards, Stylish New Flooring throughout all units, Revamped Bathrooms with contemporary finishes, Each unit offers private entrances and en-suite laundry, creating a highly desirable setup for tenants. With spacious verandas and balconies, residents can enjoy both morning and evening sun in their own outdoor space. This triplex is a must-see for serious investors. Schedule a viewing today and see why this property is the perfect addition to your portfolio! (id:24570)

Location

Province ON

Interior

Heating Forced air,

Cooling Central air conditioning,Wall unit

Exterior

Garage No

Community Features High Traffic Area,Community Centre

Waterfront No

View Y/N No

Building

Story 2

Sewer Municipal sewage system

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