133 ALBERT Street, Waterloo, Ontario, N2L 3T2

$1,830,000

MLS® # 40796663

Investment For Sale In Central, Waterloo, Ontario

$1,830,000

Property Information:

AAA Location!!! Less than 1 minute walk to the Universities...Deceivingly large, all bedrooms are above average in size, old house character and charm with an addition and updates, not your typical cookie cutter box. Renovated lower unit, very large backyard, lot's of outdoor space, 2 driveways with lot's of parking. Legal fourplex(no License or annual fee required), 15 students total. Always rented!!! This property has a 6% cap rate. Students love this building the two primary things that students are looking for is a nice clean apartment with a good size bedroom, 2nd is to get up and get to school fast with the lease amount of effort. This building has both. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Fire Protection: Unknown
  • Floor Space: 4757 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Hot water radiator heat, Steam radiator
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 15
  • Amenities Nearby: Schools
  • Built in: 1914
  • Features: Paved driveway
  • Floor Space (approx): 4757 Square Feet
  • Lot Frontage: 66 Feet
  • Zoning: RC1
  • Sewer: Municipal sewage system
  • Parking Type: Attached garage
  • No. of Parking Spaces: 8

Courtesy of: RE/MAX Real Estate Centre Inc.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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