Kitchener, ON N2G 3P7,197 Palmer AVE
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Kitchener, ON N2G 3P7,197 Palmer AVE
Kitchener, ON N2G 3P7,197 Palmer AVE
Kitchener, ON N2G 3P7,197 Palmer AVE
Kitchener, ON N2G 3P7,197 Palmer AVE
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$ 899,900
Est. payment /mo
New

197 Palmer AVE Kitchener, ON N2G 3P7

3 Beds

3 Baths


UPDATED:

11/08/2024 09:59 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

MLS Listing ID X10415689

Style 2-Storey

Bedrooms 3

Annual Tax Amount $3,856

Tax Year 2024

Property Description

Dont Miss Out on This Prime Investment Opportunity! Legal Triplex with Projected 5%+ Cap Rate in the Heart of the City! This fully updated, cash-flowing triplex is the ideal property for the savvy investor looking to grow their portfolio. Featuring a modern metal roof and zero condo fees, this property has been meticulously gutted and revamped from top to bottom - no detail was spared! Highlighted Upgrades Include: Brand New Windows & Doors for enhanced curb appeal and energy efficiency, Updated Electrical & Plumbing to modern standards, Stylish New Flooring throughout all units, Revamped Bathrooms with contemporary finishes, Each unit offers private entrances and en-suite laundry, creating a highly desirable setup for tenants. With spacious verandas and balconies, residents can enjoy both morning and evening sun in their own outdoor space. This triplex is a must-see for serious investors. Schedule a viewing today and see why this property is the perfect addition to your portfolio!

Location

Province ON

County Waterloo

Rooms

Family Room No

Basement Apartment, Finished

Kitchen 3

Interior

Interior Features None

Heating Yes

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Garage Private

Garage Spaces 3.0

Pool None

Waterfront No

Roof Type Metal

Parking Type None

Total Parking Spaces 3

Building

Unit Features Hospital,Library,Park,Place Of Worship,Public Transit

Foundation Other


Listed by ROYAL LEPAGE WOLLE REALTY