Kitchener, ON N2G3P7,197 PALMER Avenue
Kitchener, ON N2G3P7,197 PALMER Avenue
Kitchener, ON N2G3P7,197 PALMER Avenue
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$899,900
Est. payment /mo
3 Beds
3 Baths
1,846 SqFt
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Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,846 sqft

Price per Sqft $487

Subdivision 311 - Downtown/Rockway/S. Ward

MLS® Listing ID 40686506

Bedrooms 3

Originating Board Cornerstone - Waterloo Region

Year Built 1912

Property Sub-Type Freehold

Property Description

Don't miss this exceptional opportunity to own a cash-flowing, fully updated legal triplex in the heart of the city. Perfect for the savvy investor, this property offers impressive income potential with no condo fees and top-to-bottom renovations. Currently, the triplex features two tenanted units and one vacant unit, providing flexibility for investors or owner-occupants. This property has been meticulously upgraded, starting with a modern metal roof and new windows and doors that boost curb appeal and energy efficiency. The electrical and plumbing systems have been completely updated to meet today's standards, while stylish new flooring and contemporary bathroom finishes add a fresh, upscale feel to every unit. Each unit boasts private entrances and en-suite laundry, creating a highly desirable setup for tenants. Spacious verandas and balconies offer outdoor living spaces perfect for enjoying morning coffee or evening sunsets. Move-in ready and designed to attract high-quality tenants, this triplex combines convenience, charm, and strong income potential. Whether you're expanding your portfolio or looking for a turnkey investment, this property is a must-see! (id:24570)

Location

Province ON

Interior

Heating Forced air,

Cooling Central air conditioning, Wall unit

Exterior

Parking Features No

Community Features High Traffic Area, Community Centre

View Y/N No

Total Parking Spaces 3

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Others

Ownership Freehold


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Listed by Chestnut Park Realty Southwestern Ontario Limited

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197 PALMER Avenue