102 Albert Street Waterloo, Ontario N2L 3S8
$899,900
$63,000+ Gross Annual Income Available Here! Income with Character! This duplexed Neoclassical house with Queen Anne front addition is located in the desirable MacGregor Albert Heritage Conservation area. This is NOT a drive by. The understated front façade belies the massive amount of space in this building. With nearly 3000 square feet and untapped potential in the partially finished, full ceiling height, basement, opportunity abounds! This property could work especially well for an owner occupier seeking mortgage helper income or even parent investor. Recently minted rental licenses with Class D2 and Class A4 license to allow for 8 (4+4) rental bedrooms. Buy with confidence: recent City of Waterloo fire inspection done February, 2021. Updates: main unit furnace (2020), commercial grade water heater (2020), parking lot (2021), eavestroughs (2021), washing machine (2020), dryer (2020), institutional grade kitchen in main unit. Note multiple bathrooms per unit. Furnishings included. A truly turn key operation. Don't miss this positive cash flow opportunity with 20% down! Investor work sheet available with full financials available. (id:36631)
Property Details
| MLS® Number | 40080685 |
| Property Type | Multi-family |
| Amenities Near By | Public Transit, Schools |
| Equipment Type | None |
| Features | Paved Driveway |
| Parking Space Total | 3 |
| Rental Equipment Type | None |
| Structure | Porch |
Building
| Bathroom Total | 5 |
| Bedrooms Total | 8 |
| Basement Development | Partially Finished |
| Basement Type | Crawl Space (partially Finished) |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Aluminum Siding, Brick |
| Fire Protection | Smoke Detectors |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2973 |
| Type | Duplex |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 108 Ft |
| Size Frontage | 73 Ft |
| Size Irregular | 0.14 |
| Size Total | 0.14 Ac|under 1/2 Acre |
| Size Total Text | 0.14 Ac|under 1/2 Acre |
| Zoning Description | Rc1 |
https://www.realtor.ca/real-estate/22952940/102-albert-street-waterloo
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Kitchener-Waterloo Association of REALTORS®
Royal LePage Grand Valley Realty
April 02 2021 01:42:09
