197 Palmer AVE Active

Kitchener,ON N2G 3P7

$ 899900

3 Beds

3 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

MLS Listing ID X10415689

Style 2-Storey

Bedrooms 3

Annual Tax Amount $3,856

Tax Year 2024

Property Description

Dont 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!

Location

Province ON

County Waterloo

Rooms

Family Room No

Basement Apartment,Finished

Kitchen 3

Interior

Interior Features None

Heating Yes

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Garage Private

Garage Spaces 3.0

Pool None

Waterfront No

Roof Type Metal

Total Parking Spaces 3

Building

Unit Features Hospital,Library,Park,Place Of Worship,Public Transit

Foundation Other

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