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392 Erb St W

Erb St W, Beechwood, Waterloo, ON, N2L 1W6

14
Beds
5
Baths
3,000 - 3,500
Sq. Ft.
-
$XXX,XXX
Details
Photos
39
Comparables
History
392 Erb St W, Waterloo, ON - 1 of 3
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392 Erb St W, Waterloo, ON - 2 of 3
392 Erb St W, Waterloo, ON - 3 of 3

Fully Leased & Reno'd 4-Plex In Desirable Waterloo. Close Proximity To The Universities, Highway Access And Dt Waterloo. Features Two 5 Bed Units, One 4 Bed Unit, And A Bachelor. Current Gross Monthly Rental Revenue Of $8,550 Results In Projected Annual Noi Of $77K And Is Priced At An Approximate 4.7% Cap Rate. Current Owner Invested In A...

Fully Leased & Reno'd 4-Plex In Desirable Waterloo. Close Proximity To The Universities, Highway Access And Dt Waterloo. Features Two 5 Bed Units, One 4 Bed Unit, And A Bachelor. Current Gross Monthly Rental Revenue Of $8,550 Results In Projected Annual Noi Of $77K And Is Priced At An Approximate 4.7% Cap Rate. Current Owner Invested In A New Roof, Attic Insulation, All Windows & Doors, Parking Lot Extension, Sub-Metering, Fire & Life Safety Systems. The Owners Also Made Substantial Renos To Each Suite With High-End Finishes Throughout, Including New Kitchens (Cabinets, Undermount Sinks, Hard-Surface Countertops, S/S Appliances, New Bathrooms, In-Suite Laundry And Flooring Throughout.

Property Details

Size

3,000 - 3,500 sq. ft.
14 Beds
9 Above Grade - 5 Below Grade
5 Baths

Parking

8 Parking Spaces
-

Build

Year Built
1924 - 1972
Model Name
-
Basement
-
Exterior
-
Foundation
-
Builder Name
-
Stories
-
Flooring
-
Roof
-

Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2020-01-01
Property Tax Amount
$8,004

Source

Listing Brokerage

MLS® Listing
X5273371
Last Updated
April 14, 2023
Brokerage
RE/MAX ABOUTOWNE REALTY CORP., BROKERAGE
Call us 800-591-0566

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