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392 Erb St W

Beds 9-5
Baths 5
MLS® Number X5273371

$1,650,000

Community
City Waterloo
Postal Code N2L 1W6
Days On Market 42 Days
Status Available
Purchase Type For Sale
Listing Type Fourplex
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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.
Cross Street Erb St. W & Fischer-hallman Rd

Interior

Air Conditioning None
Basement Finished
Fireplace No
Extras 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.
Heating Forced Air

Exterior

Driveway Private
Exterior Brick/Stucco/plaster

Additional Information

Taxes $8,004
Tax Year 2020
Zoning Mr-6
Water Source Municipal
Special Designation Other
Septic/Sewer Sewers
Appox Age 51-99
Fronting On N
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Myka Wroblewski

Sales Representative, Marketing & Listing Specialist

RE/MAX Aboutowne Realty Corp., Brokerage