$63,000+ Gross Annual Income Available Here! Income with Character! This duplexed Neoclassical house with Queen Anne front addition is located in the desirable MacGregor Albert Heritage Conservation area. This is NOT a drive by. The understated front façade belies the massive amount of space in this building. With nearly 3000 square feet and untapped potential in the partially finished, full ceiling height, basement, opportunity abounds! This property could work especially well for an owner occupier seeking mortgage helper income or even parent investor. Recently minted rental licenses with Class D2 and Class A4 license to allow for 8 (4+4) rental bedrooms. Buy with confidence: recent City of Waterloo fire inspection done February, 2021. Updates: main unit furnace (2020), commercial grade water heater (2020), parking lot (2021), eavestroughs (2021), washing machine (2020), dryer (2020), institutional grade kitchen in main unit. Note multiple bathrooms per unit. Furnishings included. A truly turn key operation. Don't miss this positive cash flow opportunity with 20% down! Investor work sheet available with full financials available.
This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.
