60 Marshall Street, Waterloo, Ontario N2J 2T4 (22298919)


60 Marshall Street Waterloo, Ontario N2J 2T4

20 Bedroom 8 Bathroom
None Forced Air


$126,000+ Scheduled Gross Income Available Here! This apartment building features spacious units with oversized bedrooms, massive common areas. Two bathrooms per unit. Very clean. Individual meters for water, electricity and gas. Front Roof done in 2015. Back roof done in 2004. In floor heating in the lower levels of Units A and D. Great central location with close proximity to Uptown and walking distance to both Universities. RMU-20 zoning may allow for further, future re-development. Original building expanded and significantly renovated in 2004. Rental-licensed exempt building! Written leases in place to end of April, 2021. Positive cash flow with just 20 percent down. Investor work sheet with full financials applied to contemporary financing available! Optimize the buildings financial statement to unlock tremendous, additional value: increase rents significantly on re-rental while offloading utility costs to new tenants. (id:29438)

Property Details

MLS® Number 40012093
Property Type Multi-family
Amenities Near By Schools
Equipment Type Water Heater
Features Paved Driveway, Laundry- Coin Operated
Parking Space Total 5
Rental Equipment Type Water Heater


Bathroom Total 8
Bedrooms Total 20
Basement Development Finished
Basement Type Full (finished)
Constructed Date 1959
Cooling Type None
Exterior Finish Brick
Fire Protection Smoke Detectors
Fireplace Present No
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Type Fourplex
Utility Water Municipal Water


Acreage No
Land Amenities Schools
Sewer Municipal Sewage System
Size Depth 146 Ft
Size Frontage 58 Ft
Size Total Text Under 1/2 Acre
Zoning Description Rmu-20


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