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197 Palmer Avenue Kitchener, Ontario N2G 3P7

3 Bedroom 3 Bathroom 1846.09 sqft
Central Air Conditioning, Wall Unit Forced Air

$899,900

$$$ DON’T MISS OUT ON THIS CASH COW LEGAL TRIPLEX WITH OVER 5% PROJECTED CAP RATE $$$ COMPLETELY UPDATED LEGAL TRIPLEX IN THE HEART OF THE CITY WITH METAL ROOF & ZERO CONDO FEES!!! This is the perfect opportunity for the savvy investor to grow their portfolio. This home has been completely gutted and updated! With too many updates to list…here are just a few; NEW WINDOWS, DOORS, ELECTRICAL, PLUMBING, FLOORING, BATHROOMS ETC… this is a MUST-SEE building. All units have private entrances as well as EN-SUITE laundry. Your Tenants can enjoy the morning and evening sun on their private veranda or balcony (id:49967)

Property Details

MLS® Number 40614672
Property Type Multi-family
Amenities Near By Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Community Features High Traffic Area, Community Centre
Equipment Type Water Heater
Parking Space Total 3
Rental Equipment Type Water Heater
Structure Porch

Building

Bathroom Total 3
Bedrooms Total 3
Basement Development Finished
Basement Type Full (finished)
Constructed Date 1912
Cooling Type Central Air Conditioning, Wall Unit
Exterior Finish Brick, Vinyl Siding
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1846.09 Sqft
Type Triplex
Utility Water Municipal Water

Land

Access Type Highway Access
Acreage No
Land Amenities Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 90 Ft
Size Frontage 40 Ft
Size Total Text Under 1/2 Acre
Zoning Description R-5

https://www.realtor.ca/real-estate/27120904/197-palmer-avenue-kitchener

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