109 MOORE Avenue
For Sale - $599,000.00
ID#: 29670773
An exceptional opportunity to own a triplex in a highly sought-after location steps from uptown Waterloo. This property offers strong, reliable income with two established tenants already in place—while providing flexibility for both investors and end-users. The upper unit generates $1,650/month and the basement unit brings in $1,450/month, with tenants paying all utilities—keeping operating costs low and returns high. The main floor unit is rented at $2,100/month, but be vacant on possession, creating a rare opportunity for a buyer to move in and effectively live for free, supported by over $3,100/month in rental income from the other two units. For investors, the option to lease all three units unlocks excellent cash flow with a cap rate above 8%, making this a standout addition to any portfolio. The property also features a durable steel roof and parking for four vehicles—adding long-term value and tenant convenience. Whether you’re looking to house hack, expand your portfolio, or secure a high-performing asset in a prime area, this triplex checks all the boxes! (id:42870)
Representative
Bess Assimacopoulos-Markou
Sales Representative
RE/MAX Twin City Realty Inc. Brokerage* - Waterloo
Cell: 519-588-1834
Tel: 519-885-0200
