Don’t miss this exceptional opportunity to own a cash-flowing, fully updated legal triplex in the heart of the city. Perfect for the savvy investor, this property offers impressive income potential with zero condo fees and top-to-bottom renovations. Featuring a modern metal roof, the building has been meticulously upgraded with new windows and doors that enhance curb appeal and energy efficiency. The electrical and plumbing systems have been completely updated to meet modern standards, while stylish new flooring and contemporary bathroom finishes add a fresh, upscale feel to every unit. Each unit includes private entrances and en-suite laundry, creating a highly desirable setup for tenants. Spacious verandas and balconies provide residents with their own outdoor spaces, perfect for enjoying both morning and evening sunlight. Move-in ready and designed to attract high-quality tenants, this triplex offers the perfect combination of convenience and charm. Discover why this property is a must-have addition to your portfolio! (id:56069)
| MLS® Number | 40686506 |
| Property Type | Multi-family |
| Amenities Near By | Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Community Features | High Traffic Area, Community Centre |
| Equipment Type | Water Heater |
| Parking Space Total | 3 |
| Rental Equipment Type | Water Heater |
| Structure | Porch |
| Bathroom Total | 3 |
| Bedrooms Total | 3 |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1912 |
| Cooling Type | Central Air Conditioning, Wall Unit |
| Exterior Finish | Brick, Vinyl Siding |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,846 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 90 Ft |
| Size Frontage | 40 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R-5 |
https://www.realtor.ca/real-estate/27755441/197-palmer-avenue-kitchener
Contact us for more information
Lee S. Quaile
Broker of Record
(519) 804-7200
(519) 885-1251
chestnutparkwest.com/
Debbie Tsintaris
Salesperson
(519) 804-7200
(519) 885-1251
www.chestnutparkwest.com/
www.facebook.com/ChestnutParkWest
www.instagram.com/chestnutprkwest/
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