17 Unit building being offered at a 6.5% CAP rate in Waterloo Region! This property is located in the heart of downtown Hespeler. Fully occupied with 2 commercial/retail spaces on the main floor, 10 one-bedroom apartments and 5 bachelor apartments. Several units have recently been updated completely with new plumbing, wiring, kitchens, bathrooms, flooring, and windows. The parking lot is brand new with eighteen spaces, new retaining wall surrounding the property, and updated hallways with new carpet and freshly painted. This property is a money-maker and has a great tenant profile. Financial info available upon request. (id:4069)
Address |
18 QUEEN Street W |
List Price |
$2,900,000 |
Property Type |
Multi-family |
Area |
Ontario |
Sub-Area |
Cambridge |
Bedrooms |
10 |
Floor Area |
10,000 Sq. Ft. |
MLS® Number |
40657268 |
Listing Brokerage |
Re/Max Icon Realty
|
Basement Area |
None |
Postal Code |
N3C1G1 |
Zoning |
rm2 |
Site Influences |
Airport, Park, Place of Worship, Playground, Public Transit, Schools, Shopping |
Features |
Laundry- Coin operated |