$ 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
Parking Type None
Total Parking Spaces 3
Building
Unit Features Hospital,Library,Park,Place Of Worship,Public Transit
Foundation Other
Listed by ROYAL LEPAGE WOLLE REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "