60 MARSHALL Street, Waterloo, N2J2T4 - 40268915
Property Description

$153,000+ Gross Income Available Here! This apartment building features spacious units with oversized bedrooms, massive common areas. Two bathrooms per unit. Very clean. Individual meters for water, electricity and gas. Front Roof done in 2015. Back roof done in 2020. Driveway repaved in 2020. Unit B and Unit C freshly painted. In floor heating in the lower levels of Units A and D. Great central location with close proximity to Uptown and walking distance to both Universities. RMU-20 zoning may allow for further, future re-development. Original building expanded and significantly renovated in 2004. Rental-licensed exempt building! Fully occupied with written leases in place to at least end of April, 2023. Rare, positive cash flow with 35 percent down. Investor work sheet with full financials applied to contemporary financing available! Further optimize the buildings bottom line by: offloading utility costs to new tenants on re-rental and charging for parking. Solid investment opportunity in one of the Perennially Best Towns in Ontario to Invest In! (id:15472)

116 - Glenridge/Lincoln Heights
Place of Worship, Schools
Full (Finished)
Poured Concrete
under 1/2 acre
: Forced Air
: None
Freezer, Water meter
: Paved Driveway, Laundry- Coin Operated
Water Heater
Municipal sewage system

60 MARSHALL Street, Waterloo, N2J2T4

60 MARSHALL Street, Waterloo, Ontario N2J2T4

20 Bedrooms
8 Bathrooms
Listing ID #40268915
Basic Details
Property Type : Multi-family
Listing Type : For Sale
Listing ID : 40268915
Price : $1,999,000
List Date : 01/06/2022
Bedrooms : 20
Bathrooms : 8

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