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195 Erb St W
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$3,700,000 List $3,700,000 -
Sold on: 562 days ago
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Key Facts
Key facts for 195 Erb St W
Property Type
Commercial
Parking
Covered , 8 parking
MLS #
X7246148
Size
-
Basement
Y
Listed on
-
Lot size
65 x 121.20
Tax
$20,085 /yr
Days on Market
-
Approximate Age
6-15
Maintenance Fee
$6,000/mo
Description
Nearly $240,000 Effective Gross Income Available Here! This six plex apartment building features spacious units with oversized bedrooms, and massive common areas. Two full bathrooms per unit with in-suite laundry. This opportunity is owner built and owner managed - and it shows. Very clean, professi...onal, organized, turn key operation. Individual meters for electricity and gas. Ample parking with most of the spots covered. Great central location with close proximity to University of Waterloo, Uptown Waterloo, Waterloo Park and TNT Grocery Store. Rental-licensed exempt building! Investor work sheet with full financials applied to contemporary financing available! Solid investment opportunity in one of the Perennially Best Towns in Ontario to Invest In! **** Extras **** **Interboard Listing: Waterloo Region Assoc. of REALTORS** PM and Maintenance estimated as industry standards. Building is owner managed. Other expenses is Total Utilities plus Life Safety Inspection. All other expenses 2022 actuals.
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Courtesy of: ROYAL LEPAGE WOLLE REALTY