392 Erb Waterloo ON N2L 1W6

For Sale | Multi-Residential
$1,149,900.00
Unknown sq ft
MLS# Cambridge
if(ATTENTION savvy investors! This is a great opportunity to own a FULLY RENTED 4-Plex in uptown Waterloo! This building is close to the universities, highway access and the technology hub! Even with it’s LARGE monthly cash flow, there is still room to add even more value to the property! All you have to do is buy, hold and make money while the location continues to rise in value. Priced right at a 5.28% cap rate. This building has a new driveway/parking lot, new flooring, paint and trim in most units, updated electrical, new windows in the upper and basement units plus MANY other upgrades. Over 100K has been spent in the past year on upgrades. Contact listing realtor for a detailed financial breakdown. This property will not last long in this desired location, act quickly! != null) {

Description

ATTENTION savvy investors! This is a great opportunity to own a FULLY RENTED 4-Plex in uptown Waterloo! This building is close to the universities, highway access and the technology hub! Even with it’s LARGE monthly cash flow, there is still room to add even more value to the property! All you have to do is buy, hold and make money while the location continues to rise in value. Priced right at a 5.28% cap rate. This building has a new driveway/parking lot, new flooring, paint and trim in most units, updated electrical, new windows in the upper and basement units plus MANY other upgrades. Over 100K has been spent in the past year on upgrades. Contact listing realtor for a detailed financial breakdown. This property will not last long in this desired location, act quickly!

}

Building

  • Building Name
  • Construction
  • Cooling
    None

Land

  • Zoning
    MR-6

Location

392 Erb Waterloo ON N2L 1W6

Sales Representative

MAT PICHE

Brokerage

THE VANCOR GROUP REAL ESTATE BROKERAGE INC.

Price Information

  • Sale Price
    $1,149,900.00