97 ST GEORGE Street , Kitchener

4 Bed / 4 Bath / $1,029,000 / MLS® Listing #:40339876

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Calling all investors! Pride of ownership abounds with this legal Triplex, boasting a 5.2% CAP Rate! Located in the heart of Cedar Hill, just a few minutes walk to the LRT, downtown Kitchener and the market, this cash flowing property is fully rented with AAA tenants on 2022 leases. All three spacious units are above ground level, offering great natural light and functional layouts. They come fully equipped with appliances, as well as In-suite laundry for each unit! The building has undergone significant updates and improvements, including: modern finishes in every unit, new roof, beautiful new backyard deck and fence, professional structural improvement, and so much more - request our buyer guide for full details! The current owners have gone above and beyond, and are ready to supply all the following documents: Zoning compliance letter, Environmental report, ESA inspections, structural engineer report and fire safety report, plus all financials. With a current Net Operating Income of $53,656.00, this is a turn-key opportunity for the savvy investor that won't last long! (id:10452)

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Property Details

Property Type Triplex
Square Feet 2110.2100
Maintenance N/A
Days On Our Website 32
Basement Unfinished - Full (Unfinished)
Kitchens
Lot Dimensions under 1/2 acre
Pool N/A
Area Kitchener
Air Conditioning Window air conditioner
Heating Natural gas
Exterior Aluminum siding, Brick
Parking Spaces 6
Sewers Municipal sewage system
Water Municipal water

Listing Office: ROYAL LEPAGE CROWN REALTY SERVICES, BROKERAGE



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