$ 899,900
197 Palmer AVE Kitchener, ON N2G 3P7
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$ 899,900
Est. payment | /mo
3 Beds
3 Baths
$ 899,900
Est. payment | /mo
3 Beds
3 Baths
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
Listed by ROYAL LEPAGE WOLLE REALTY