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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:49454)

Property Details

MLS® Number 40614672
Property Type Multi-family
AmenitiesNearBy Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
CommunityFeatures High Traffic Area, Community Centre
EquipmentType Water Heater
ParkingSpaceTotal 3
RentalEquipmentType Water Heater
Structure Porch

Building

BathroomTotal 3
BedroomsTotal 3
BasementDevelopment Finished
BasementType Full (finished)
ConstructedDate 1912
CoolingType Central Air Conditioning, Wall Unit
ExteriorFinish Brick, Vinyl Siding
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 1846.09 Sqft
Type Triplex
UtilityWater Municipal Water

Land

AccessType Highway Access
Acreage No
LandAmenities Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
SizeDepth 90 Ft
SizeFrontage 40 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription R-5

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