133 ALBERT Street, Waterloo, Ontario, N2L3T2

Property Description

AAA Location!!! Less than 1 minute walk to the Universities...Deceivingly large, all bedrooms are above average in size, old house character and charm with an addition and updates, not your typical cookie cutter box. Renovated lower unit, very large backyard, lot's of outdoor space, 2 driveways with lot's of parking. Legal fourplex(no License or annual fee required), 15 students total. Always rented!!! This property has a 6% cap rate. Students love this building the two primary things that students are looking for is a nice clean apartment with a good size bedroom, 2nd is to get up and get to school fast with the lease amount of effort. This building has both. (id:64974)

Quick Facts

• Property Type: Fourplex (Freehold)
• Bedrooms: 15
• Bathrooms: 0
• Living Area: 4,757 sq ft (441.9 m²)
• Above Grade: 4,757 sq ft (441.9 m²)
• Year Built: 1914
• Ownership: Freehold
• Attached: Yes
• Parking: 8 spaces (Attached Garage)
• Frontage: 66 ft (20.1 m)

Costs

• Annual Taxes: $15,935.67

Listing Provided by: RE/MAX Real Estate Centre Inc.
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.