$999,900

367 Holly Street

Waterloo ON, N2L 4G2

Description

Over $85,000+ Potential Gross Income Available Here! Positive cash flow opportunity with just 20% down with a solid 5.4 percent cap rate! Well-maintained, City approved, rental-licensed property featuring three D2 rental licenses (two five bedrooms and one four bedroom unit). Lots of upswing in value and additional increased income is available for the next operator! All bathrooms modernized. Newer maple kitchen cabinetry, contemporary countertops and ceramic flooring in all three kitchens. Key pad access to each unit. Coin operated washer and dryer. Thermal pane windows. Four parking spots. Close to all of Waterloo's amenities and walking distance to both University of Waterloo, Wilfrid Laurier University and Conestoga College's Waterloo campus. REALTOR.ca consumers - click on Brochure icon above for investor work sheet which has full financials, combined with contemporary financing, to show how this opportunity can work for you!

Details

MLS#40041557
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1962
Days On Site28

Features

Units3
Building(s)1
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Area Information
ProvinceON
CountyWaterloo
CityWaterloo
Postal CodeN2L 4G2
Area4 - Waterloo West
Listing VS Median (in N2L 4G2)
Price:
$999,900
low | high
Med:
$999,900
50% of Average
On Site:
28
low | high
Med:
28
100% of Average
Listing Updated: December 3, 2020 8:00:39 PM PST
MIKE MILOVICK LogoMLS Number: 40041557
Listing Provided By:
MIKE MILOVICK  of  ROYAL LEPAGE GRAND VALLEY REALTY
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