114 Marshall Street , Waterloo

Bed / $449,900 / MLS® #:30689855

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$31,500 of scheduled gross income available here! This classic student investment features positive cash flow positive with just 20% down. Nice price point for freehold, entry-level income earner. Leases in place until at least end of April, 2019! Gleaming hardwood floors in main level bedroom. Contemporary Colonial series doors. Updated main bath. Massive rec room (with bar top). Modern tiling through out lower level. Close to everywhere your tenants want to be, including easy walk to both Universities (five minute walk to WLU, ten minute bike ride to UW) and Uptown Waterloo - with its abundance of shopping, dining and cultural amenities. Walk score of 79 - very walkable (City of Waterloo average score is 44). Buy with confidence - this is a City-Approved Rental Licensed Property has a rare Class D2 (five bedroom) rental license! HVAC inspection done annually. Electrical Safety Inspection done when initially rental licensed! Updated main bath. Mostly newer vinyl windows. Nice homes like this do not come along often. Check out the virtual tour - and prepare to be impressed! Investor work sheet available to show how this opportunity can work for you!, Directions:Near Corner of Weber Street North and Marshall Street, Two Blocks, Ten Minute Walk to WLU, Exclusions:Tenants' Possessions

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Property Details

Property Type Detached
Property Style Bungalow
Square Feet 1001 to 1500
Property Tax $N/A
Maintenance N/A
Days On Our Website 43
Basement Fully Finished - Walk-Out Full
Kitchens
Garages
Pool None
Fireplaces
Air Conditioning Yes
Heating Gas - Forced Air
Exterior Aluminum Siding,Brick
Garage Type None
Sewers Sewer (Municipal)
Water Municipal

Listing Office: ROYAL LEPAGE GRAND VALLEY REALTY

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