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Key Facts
Key facts for 7 Elgin St
Property Type
Apartment, 3-Storey
Parking
None 0 garage, 6 parking
MLS #
X7240662
Size
3500-5000 sqft
Basement
Finished
Listed on
2023-10-16
Lot size
55 x 122.97
Tax
$17,376.25 /yr
Days on Market
47
Approximate Age
6-15
Maintenance Fee
-
Description
$164,400 Gross Effective Annual Income Available Here! Invest in a Rare and Profitable Fourplex Near All of Waterloo's Post-secondary institutions. This is your chance to own a purpose-built, fourplex apartment building in a prime location. It's just steps away from Wilfrid Laurier University and Up...town Waterloo and a short walk to Conestoga College and University of Waterloo. You'll never have trouble finding tenants for these spacious and modern units. Each one features five bedrooms, two full bathrooms, and a large open concept kitchen-living room as well as in-suite laundry. Note handicap access, controlled entry and individual electrical and gas meters. Each unit has its own high efficiency furnace and air conditioner for optimal comfort. This is a quality-built, turn-key rental operation that is exempt from rental licensing. Don't miss this rare opportunity to invest in a market with very few purpose-built buildings available. **** Extras **** 20 bedroom, 4 unit, student apartment building. **INTERBOARD LISTING: WATERLOO ASSOCIATION OF REALTORS**
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