197 PALMER Avenue (40614672)

Listing ID: 40614672

$899,900

ROYAL LEPAGE WOLLE REALTY

**197 PALMER Avenue, Kitchener, Ontario, N2G3P7**
Bathrooms3	Bedrooms3
Property TypeMulti-family	Built in1912
Building Area1846.09

$$$ DON’T MISS OUT ON THIS CASH COW LEGAL TRIPLEX WITH OVER 5% PROJECTED CAP RATE $$$ 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 list…here 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 (id:33575)

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**Details**
Amenities NearbyHospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping	Community FeaturesHigh Traffic Area, Community Centre
EquipmentWater Heater	OwnershipFreehold
Parking Spaces3	Rental EquipmentWater Heater
StructurePorch	TransactionFor sale
Zoning DescriptionR-5

**Building**
Basement DevelopmentFinished	BasementFull (Finished)
Constructed Date1912	CoolingCentral air conditioning, Wall unit
Exterior FinishBrick, Vinyl siding	Bathrooms (Total)3
Heating FuelNatural gas	HeatingForced air
Size Interior1846.09 sqft	Storeys Total2
TypeTriplex	Utility WaterMunicipal water

**Land**
Size Frontage40 ft	Access TypeHighway access
AmenitiesHospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping	SewerMunicipal sewage system
Size Depth90 ft