John DiRenzo, Sales Representative • Phone: 519-857-3490 • RE/MAX Centre City John DiRenzo Team Brokerage

197 Palmer Avenue, Kitchener, ON, N2G 3P7 | MLS 40614672: For Sale

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197 Palmer Avenue, Kitchener


MLS® ID 40614672

$899,900.00 For Sale | Residential Income

Type: Residential Income 
Property Type: Multi-3 Unit
MLS® District: 3 - Kitchener West / 311 - Downtown/Rockway/S. Ward
County: Waterloo
Postal Code: N2G 3P7
Year Built: 1912
New Construction Y/N:  No
Stories Total: 2
Bedrooms Total:  3
Number Of Units Total:  3

Cross Street: COURTLAND
Interior Features: None
Appliances:  Dishwasher,Dryer,Refrigerator,Stove,Washer
Inclusions:  None,1 Dishwasher, 3 Dryers, 3 Fridges, 3 Stoves, 3 Washers
Exclusions:  Tenant's Personal Belongings
Patio and Porch Features:  Porch
Lot Depth:  90.05
Lot Size: 90.05 x 40.07 40.07  Fronting: West
Lot Features:  Rectangular,Ample Parking,City Lot,High Traffic Area,Highway Access,Hospital,Library,Park,Place of Worship,Playground Nearby,Public Transit,Rec./Community Centre,Schools,Shopping Nearby
Acres Range:  < 0.5

Driveway Parking:  Private Drive Triple+ Wide
Parking Total:  3
Open Parking Y/N:  true
Open Parking Spaces:  3

Building Area Total Aprx.:  1846.09 Square Feet
Finished SqFt Aprx. (Above Grade):  1516.09 Square Feet
Finished SqFt Aprx. (Below Grade):  330 Square Feet
Laundry Features:  In-Suite
Exterior: Vinyl Siding
Roof:  Metal
Basement:  Separate Entrance,Full,Finished
Sewer:  Sewer (Municipal)
Water:  Municipal
Heating:  Forced Air,Natural Gas
Cooling:  Central Air,Wall Unit(s)
Fireplace Y/N:  false
Crops Included Y/N:  No
WaterFront Y/N:  No
Foundation Details:  Other

Remarks: $$$ DONT MISS OUT ON THIS CASH COW LEGAL TRIPLEX WITH OVER 5% PROJECTED CAP RATE $$$ 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 listhere 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

Contact Us!

197 Palmer Avenue, Kitchener ON N2G 3P7 | MLS ID® 40614672
For More Information or Schedule a Showing, send John a Message or Call 519-857-3490
John DiRenzo, Sales Representative | RE/MAX Centre City John DiRenzo Team Brokerage

Please Note: We do not distribute your personal information to 3rd parties.

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