Prime Investment Opportunity – Solid Brick 5-Unit in Up-and-Coming Location! Located near the vibrant Waterloo Arts District and iconic destinations like the Beachland Ballroom and Tavern, this 5-unit brick building offers incredible potential for savvy investors. The property requires a full renovation but features two 1-bedroom units and three 3-bedroom, 1-bath units, with individual hot water heaters and furnaces—leaving the owner responsible only for water/sewer. Once updated and rented, this property is poised to gross approximately $65,000 annually and is perfectly suited for a Section 8 strategy. Don’t miss this chance to transform this building into a high-performing, cash-flowing asset!

Listing courtesy of Tal Tamir of Russell Real Estate Services



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