Kitchener, ON, N2H 1S1
Kitchener, ON, N2H 1S1Basics
- Date added: Added 1 month ago
- Category: Residential Income
- Type: Duplex Up/Down
- Status: Active
- Bedrooms: 6
- Bathrooms: 3
- Area: 2248 sq ft
- County Or Parish: Waterloo
- MLS ID: 40661383
Description
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Description:
This property is perfect for Investors/buyers who appreciate distinguished homes and seek supplementary rental income or investment opportunities. Classic charm meets modern potential in this turn-key cash flow property, located in a prime downtown neighborhood. With a legal duplex and a basement in-law suite featuring a separate exit, this property offers versatile living arrangements. Plus, enjoy the convenience of three dedicated parking spaces in the back.This property boasts an impressive rental income of $4,550.00 per month, with a breakdown of $2,100.00 for the 3-bedroom unit, $1,900.00 for the 2-bedroom unit, and $550 for the in-law suite in basement. Tenants cover hydro costs, and the high-efficiency hot water boiler helps keep heating expenses low. All rental units are currently on a month-to-month basis, offering flexibility for new ownership. Financials are available upon request, and you'll find clean, low-maintenance units.Don't miss out on this unique opportunity!Recent upgrades include updated electrical work (ESA approved) with two new panels and 120 AMP service, along with upgraded plumbing. The property features a total square footage of 2,248 sq ft.
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Location
- Parking Total: 3
- Directions: Frederick St/Simeon St
Building Details
- Number Of Units Total: 3
- Building Area Total: 2248 sq ft
- Number Of Buildings: 0
- Parking Features: Mutual/Shared
- Construction Materials: Vinyl Siding
- Roof: Asphalt Shing
Amenities & Features
- Water Source: Municipal
- Appliances: Dryer, Refrigerator, Stove, Washer
- Sewer: Sewer (Municipal)
- Exterior Features: Separate Hydro Meters
- Cooling: Other
- Interior Features: Accessory Apartment
- Heating: Forced Air, Natural Gas
