SoldFourplex

392 Erb Street

Name: 392 Erb Street - Sold Aug 2021
Brand: RE/MAX ABOUTOWNE REALTY CORP., BROKERAGE
Price: 1650000 CAD
Availability: SoldOut

Waterloo

392 Erb Street

Waterloo

Sold For$1,650,000

Sold Aug 2021

9 + 5 Bedrooms Bedrooms

5 Bathrooms Bathrooms

0 Garage Garage

Description

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.

Key facts for 392 Erb Street

Tax$8,004 / 2020

Property TypeFourplex, 2-Storey

Lot Size190 x 60 Feet

Size3000-3500 ft²

ParkingNone Spaces, Total 8 Spaces

Parking FeaturesPrivate

BasementFinished, Full

Listing #X5273371

Days on Market--

Listing BrokerageRE/MAX ABOUTOWNE REALTY CORP., BROKERAGE

Data SourcePROPTX

Inquire with Realtris

(866) 511-7171

info@realtris.ca

Mortgage Calculator

Home Price

Amortization

Interest Rate

Down Payment

* Values are estimates only and not a guarantee of lending or affordability.

Speak with a Mortgage Specialist

Cash Flow Analysis

Est. Mortgage Payment

$8,057/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$1.3% net yield

Net Monthly Cash Flow-$5,974

Inquire with Realtris

(866) 511-7171

info@realtris.ca

Looking for something like this?

Similar Properties

View All PropertiesExplore more options