17 Marshall Street , Waterloo Ontario

Sale $409,900.00  | 
Listing # 30635364
Office Listing:

Mike Milovick, Broker  |  Jennifer Shingler, Sales Representative

Mike Milovick

Team Milovick

Phone:  519.745.7000
Fax:  519.745.8460

Royal LePage Grand Valley Realty, Brokerage (Independently owned and operated)

Brokerage

15C, 370 HIGHLAND ROAD WEST
Kitchener,  ON N2M5J9

Remarks:

Over $32,000+ projected gross annual income available here! This classic student investment features exceptional annual positive cash flow (over $3350+ with just 20% down) with all five bedrooms rented. Nice price point for freehold entry level income earner. Could also work for Parent Investor. No condo fees! Leases in place until at least end of August, 2018! Close to everywhere your tenants want to be, including easy walk to both Universities (steps to WLU Science Building) and Uptown Waterloo - with its abundance of shopping, dining and cultural amenities. Buy with confidence - this is a City-Approved Rental Licensed Property with a rare Class D2 license! HVAC inspection done annually. Electrical Safety Inspection done when initially rental licensed! All life safety systems inspected/upgraded in January, 2018. Some work required here - pre-listing, electronic inspection by Alden Gibson available. Price reflects. Parent investors move fast! Seller will start re-rental activity soon. Investor work sheet available to show how this opportunity can work for you! (id:27)

Investment

Lot Frontage: 50.0 Feet
Lot Depth: 65.0 Feet
No. of Parking Spaces: 2
Floor Space (approx): 1345.00 Square Feet
Built in: 1906
Zoning: MR12

Property Features:

Amenities Nearby: Public Transit , Schools
Equipment Type: Water Heater
Features: Paved driveway , Level
OwnershipType: Freehold
Parking Type: No Garage
Property Type: Multi-family
Rental Equipment Type: Water Heater
Sewer: Municipal sewage system
Utility Type: Water - Available

Building Features:

Appliances: Dryer , Refrigerator , Stove , Washer
Architectural Style: 2 Level , Multi-Unit
Basement Development: Unfinished
Basement Type: Full
Building Type: Multi-Family
Construction Style - Attachment: Detached
Cooling Type: None
Exterior Finish: Brick , Vinyl siding
Fire Protection: Smoke Detectors
Foundation Type: Poured Concrete
Heating Fuel: Natural gas
Heating Type: Forced air