$2,400,000
Apartment
7 Elgin St
Waterloo, N2J 2P7
No obligation, free tour cancelation.
Beds · 9+9
Baths · 8
Sqft · 3500-5000
Description
$164,400 Gross Effective Annual Income Available Here! Invest in a Rare and Profitable Fourplex Near All of Waterloo's Post-secondary institutions. This is your chance to own a purpose-built, fourplex apartment building in a prime location. It's just steps away from Wilfrid Laurier University and Up...town Waterloo and a short walk to Conestoga College and University of Waterloo. You'll never have trouble finding tenants for these spacious and modern units. Each one features five bedrooms, two full bathrooms, and a large open concept kitchen-living room as well as in-suite laundry. Note handicap access, controlled entry and individual electrical and gas meters. Each unit has its own high efficiency furnace and air conditioner for optimal comfort. This is a quality-built, turn-key rental operation that is exempt from rental licensing. Don't miss this rare opportunity to invest in a market with very few purpose-built buildings available. **** Extras **** 20 bedroom, 4 unit, student apartment building. **INTERBOARD LISTING: WATERLOO ASSOCIATION OF REALTORS**
General
Type
Apartment
Style
3-Storey
Approximate Age
6-15
Square Footage
3500-5000 sqft
Taxes
$17,376.25 /yr
Maintenance Fee
-
Courtesy of:
Royal LePage Grand Valley Realty, Brokerage