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249 Hazel St
Waterloo, ON N2L 3N8
249 Hazel Street, Waterloo · Multifamily Property For Sale
·
3 Units
PROPERTY FACTS
| No. Units | 3 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 2,614 SF |
| Property Subtype | Dormitory | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built | 2002 |
| Zoning | NMU-12 | ||
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Dormitory |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 2,614 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2002 |
| Zoning | NMU-12 |
ABOUT 249 HAZEL ST , WATERLOO, ON N2L 3N8
Cash flow positive, City rental licensed triplex steps to main entrance from WLU and adjacent to WLU Business Building! $96,000 Gross Annual Income set for September, 2019 ($95,820 current)! Throw football and hit campus from here! Exceptionally well-maintained. Roof (2016). New broadloom in lower level unit (2016). Updated light fixtures. Separate electric and gas meters. Freshly painted. Two bathrooms per unit. In suite laundry. Large common areas. Large detached shed for supplemental landlord storage. New fridges, stoves (2018). All tenants on multi-year lease. 13/15 tenants staying for at least an additional year - beyond September, 2019. 2 remaining rooms already re-rented for September, 2019. Nothing to do here but collect good rents until at least end of August, 2020! This is an ideal opportunity for the rental housing provider that takes great comfort in operating buildings that back on to WLU campus. Owned/enjoyed by same investment group for over twelve years. Now its your turn!
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 5+2 | 3 | - | - |
