583 Frederick St, Kitchener, ON N2B 2A8, Canada
583 Frederick St, Kitchener, ON N2B 2A8, CanadaBasics
- Date added: Added 12 hours ago
- Category: Residential Income
- Type: Duplex Up/Down
- Status: Active
- Bedrooms: 3
- Bathrooms: 2
- Area: 1882 sq ft
- Year built: 1903
- County Or Parish: Waterloo
- MLS ID: 40861175
Description
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Description:
INVESTORS, DEVELOPERS & VISIONARIES ! THIS ONE DESERVES YOUR ATTENTION!
Here is an opportunity to acquire a MU3-ZONED, legally registered duplex in a high-traffic, HIGHLY VISIBLE location with tremendous potential for the right investor.
The interior is in need of a significant overhaul, making this an ideal project for an investor or renovator looking to put their own stamp on a property and unlock its full potential.
The real opportunity lies in the combination of MU3 zoning, legal duplex status, two separate units, and an exceptionally prominent location. With the right renovation strategy, this property could be transformed into a standout income-producing asset in a location where visibility and accessibility are major advantages.Whether you're looking to renovate and hold, maximize rental income, create a strong long-term investment, or explore the possibilities offered by the zoning, this property offers a compelling canvas for your vision.
Properties with this combination of zoning, exposure, and existing legal duplex configuration are not everyday opportunities. The work is real, but so is the potential.
Bring your plans. Bring your contractor. Bring your vision. This could be the value-add investment you've been waiting for.
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Location
- Parking Total: 7
- Directions: Victoria St to Bruce St to Frederick St
- Direction Faces: East
Building Details
- Number Of Units Total: 2
- Building Area Total: 1882 sq ft
- Number Of Buildings: 0
- Parking Features: Detached Garage, Asphalt
- Covered Spaces: 2
- Construction Materials: Brick
- Garage Spaces: 2
- Roof: Asphalt Shing
Amenities & Features
- Water Source: Municipal
- Patio & Porch Features: Porch
- Sewer: Sewer (Municipal)
- Exterior Features: Balcony
- Cooling: None
- Interior Features: Separate Hydro Meters
- Heating: Forced Air, Natural Gas
- Frontage Type: East