New ListingTurn-key investment opportunity offering an attractive 6.36% cap rate! This tenanted six-unit property features a desirable mix of two one-bedroom units and four two-bedroom units, all updated and providing comfortable living spaces for residents. Separate hydro meters simplify utility management, while shared coin-operated laundry offers an additional amenity. Residents can also enjoy a shared green space and a newly paved parking lot with ample parking. An excellent opportunity for investors seeking an established multi-residential property with rental income in place and strong investment potential in the Kitchener market. (id:13843)
| MLS # | X14087114 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 5 |
| Listing Provided By | CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD | LEE S. QUAILE |
| Bed(s) | 10 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 3,500 |
| Basement | Y |
| Story(s) | 3 |
| Cooling | None |
|---|---|
| Heating | Baseboard heaters, Radiant heat, Natural gas |
| Appliances | Refrigerator, Stove |
| Fireplace Yes / No | No |
| Foundation Details | Poured Concrete |
|---|
| Parking Features | No Garage |
|---|---|
| Parking Total | 10 |
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 9026.5 |
|---|
| Province | ON |
|---|---|
| City | Kitchener |
| Postal Code | N2G3E8 |
| Listing VS Median (in N2G3E8) | |
Price: $1,350,000 low | high Med: $1,350,000 sqft: 3,500 low | high Med: 7,200 $ / sqft: $386 low | high Med: $188 On site: 5 low | high Med: 5 | |
| Province | ON |
|---|---|
| City | Kitchener |
| Postal Code | N2G3E8 |
| Listing VS Median (in N2G3E8) | |
Price: $1,350,000 low | high Med: $1,350,000 sqft: 3,500 low | high Med: 7,200 $ / sqft: $386 low | high Med: $188 On site: 5 low | high Med: 5 | |