75 ALBERT Street

Multi-family For Sale in Waterloo, Ontario

$899,900
  • 10 Beds
  • 4 Baths
  • 3,611 Sq. Ft.
  • Built 1906
$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! Buy with confidence - pre-listing inspection report available. (id:4069)
Address 75 ALBERT Street
List Price $899,900
Property Type Multi-family
Type of Dwelling Duplex
Area Ontario
Sub-Area Waterloo
Bedrooms 10
Bathrooms 4
Floor Area 3,611 Sq. Ft.
Year Built 1906
MLS® Number 40054730
Listing Brokerage ROYAL LEPAGE GRAND VALLEY REALTY
Postal Code N2L3S4
Zoning RC 1

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Chad Mcbain

Realty Executives Edge Inc.

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