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$2,900,000
Status: For Sale
17 Unit building being offered at a 6.5% CAP rate in Waterloo Region! This property is located in the heart of downtown ''Hespeler''. Fully occupied with 2 commercial/retail spaces on the main floor, 10 one-bedroom apartments and 5 bachelor apartments. Several units have recently been updated completely with new plumbing, wiring, kitchens, bathrooms, flooring, and windows. The parking lot is brand new with eighteen spaces, new retaining wall surrounding the property, and updated hallways with new carpet and freshly painted. This property is a money-maker and has a great tenant profile. Financial info available upon request.
| Property Type | :Residential Income |
|---|---|
| MLS Number | :40657268 |
| Listing Type | :Sale |
| Property Age | :100+ Years years |
| Possession Date | : |
| Last Updated | :17 Oct, 2024 (19 Days ago) |
| Source | :Waterloo Region |
| Area | :Waterloo |
|---|---|
| City | :Cambridge |
| Area Major | :14 - Hespeler |
| Area Minor | :43 - Hillcrest/Forbes Park |
| Postal Code | :
N3C 1G1
|
| Directions | :Queen Street West at Adam Street |
| Price | : $2,900,000 |
|---|---|
| Property Taxes | :$23420 |
| Tax Year | :2024 |
|---|
| Bedrooms | :10 + |
|---|---|
| Heating | :Baseboard |
| Place of Worship | :No |
| Bathrooms | :0 |
|---|---|
| Approx Square Footage | :10000 sqft |
| Parking Space | :18 |
|---|
| Park | :Park |
|---|
05 Oct, 2024
TREB #40657268
Listed
$2900000
