197 PALMER Avenue Kitchener

197 PALMER Avenue, Kitchener, Ontario

$899,900

  • 3 Beds
  • 3 Baths
  • 1,846 Square Feet

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 zero condo fees and top-to-bottom renovations. Featuring a modern metal roof, the building has been meticulously upgraded with new windows and doors that enhance curb appeal and energy efficiency. The electrical and plumbing systems have been completely updated to meet modern standards, while stylish new flooring and contemporary bathroom finishes add a fresh, upscale feel to every unit. Each unit includes private entrances and en-suite laundry, creating a highly desirable setup for tenants. Spacious verandas and balconies provide residents with their own outdoor spaces, perfect for enjoying both morning and evening sunlight. Move-in ready and designed to attract high-quality tenants, this triplex offers the perfect combination of convenience and charm. Discover why this property is a must-have addition to your portfolio! (id:23309)

  • Listing ID: 40686506
  • Property Type: Multi-family
  • Year Built: 1912

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Details

  • Amenities Nearby: Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
  • Community Features: High Traffic Area, Community Centre
  • Equipment: Water Heater
  • Ownership: Freehold
  • Parking Spaces: 3
  • Rental Equipment: Water Heater
  • Structure: Porch
  • Transaction: For sale
  • Zoning Description: R-5

Building

  • BasementType: Full (Finished)
  • Basement Development: Finished
  • Constructed Date: 1912
  • Cooling: Central air conditioning, Wall unit
  • Exterior Finish: Brick, Vinyl siding
  • Fireplace Present: False
  • Bathrooms (Total): 3
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 1846.09 sqft
  • Stories Total: 2
  • Type: Triplex
  • Utility Water: Municipal water

Land

  • Access Type: Highway access
  • Amenities: Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
  • Sewer: Municipal sewage system
  • Size Frontage: 40 ft
MLS®

Listing provided by Chestnut Park Realty Southwestern Ontario Limited
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

REALTOR®

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 197 PALMER Avenue in Kitchener Ontario. It was last modified on December 27th, 2024. Contact the Property Gals to schedule a viewing or to discover other Kitchener real estate for sale.

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