75 ALBERT Street (30781566)

75 ALBERT Street, Waterloo, Ontario, N2L3S4
Property TypeMulti-familyBuilt in1906
Building Area3611

$72,000 Annualized Gross Income with Opportunity for More! Perennially rented! Rental licensed, City-approved opportunity in desirable MacGregor Albert Heritage Conservation District! 3600+ SF. Building format has two 5 bedroom units. Spacious units with over sized bedrooms/common areas in a classical, mini-mansion setting that tenants desire! Note separate electrical meters. Punch code, keyless entry to units. Detached garage. Large common areas. Multiple bathrooms per unit. Rental rates can be increased significantly on re-rental while operating costs can be off-loaded to tenants for even bigger net income. Almost across the street from Waterloo Park with an easy walk to Uptown, LRT and both universities. Ideal opportunity for: buyer looking to owner occupy while seeking mortgage helper income or for value investor seeking to add residential income to a diversified investment portfolio. Investor work sheet available to show how this cash flow positive opportunity (with just 20% down) can work for you! (id:33575)


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Details
Amenities NearbyRecreation, Park, Public Transit, SchoolsCommunity FeaturesCommunity Centre
EquipmentWater HeaterFeaturesPark setting, Park/reserve, Double width or more driveway, Paved driveway
OwnershipFreeholdParking Spaces3
Rental EquipmentWater HeaterTransactionFor sale
Zoning DescriptionRC 1
Building
Basement DevelopmentUnfinishedBasementFull (Unfinished)
Constructed Date1906CoolingNone
Exterior FinishBrickFire ProtectionSmoke Detectors
FoundationStoneBathrooms (Total)0
Heating FuelNatural gasHeatingHot water radiator heat
Size Interior3611.0000Storeys Total2.5000
TypeDuplexUtility WaterMunicipal water
Land
Size Frontage76 ftAmenitiesRecreation, Park, Public Transit, Schools
FencePartially fencedSewerMunicipal sewage system
Size Depth76 ft

Listing Office: ROYAL LEPAGE GRAND VALLEY REALTY

Data Provided by Kitchener-Waterloo Association of REALTORS®

Last Modified :24/09/2020 12:11:21 PM

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Listing Office: ROYAL LEPAGE GRAND VALLEY REALTY

Data Provided by Kitchener-Waterloo Association of REALTORS®

Last Modified :24/09/2020 12:11:21 PM

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