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$164,400 Effective Gross Annual Income Available Here!
![$164,400 Effective Gross Annual Income Available Here!](https://firebasestorage.googleapis.com/v0/b/goldmine-7d9f7.appspot.com/o/listingImages%2F2715%2Fcompressed%2F002-mikepix%20(101%20of%2019)_700x700.jpg?alt=media&token=9fd2df40-31ce-4b9e-abe6-9c4e1fe4e87c)
Listing Details
Subtype: Student Housing
Total building size (sq. ft.): 4536
Zoning: U1-40
Floors: 4
Beds: 20
Baths: 8
Description
$164,400 Effective Gross Annual Income Available Here! Invest in a Rare and Profitable Fourplex Near All of Waterloo's Post-secondary institutions. This is your chance to own a purpose-built, fourplex apartment building in a prime location. It’s just steps away from Wilfrid Laurier University and Uptown Waterloo and a short walk to Conestoga College and University of Waterloo. You’ll never have trouble finding tenants for these spacious and modern units. Each one features five bedrooms, two full bathrooms, and a large open concept kitchen-living room as well as in-suite laundry. Note handicap access, controlled entry and individual electrical and gas meters. Each unit has its own high efficiency furnace and air conditioner for optimal comfort. This is a quality-built, turn-key rental operation that is exempt from rental licensing. Don’t miss this rare opportunity to invest in a market with very few purpose-built buildings available. Contact me today to arrange a private showing - and learn how this building can exceed your investment needs!
Location & nearby
This listing is located in Waterloo, ON N2J 2P7
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