Well maintained Legal Duplex located downtown Kitchener with $50,000 yearly GROSS income!. Two 2-bedroom units bring in a NET Yearly income of $40k! This is a turn-key cash flow property with very clean and well maintained units. Main floor unit is 2 bedrooms & 1.5 baths attainable rent of $2,250/month (unit will be Vacant as of Jan 17th 2025) use of 2 parking spots. Upstairs unit is 2 bedrooms & 1 bath unit and has the use of 1 parking spot, attainable rent of $1,950/month (currently vacant). Utilities were paid by tenants (split 60/40% between units for Heat, Hydro, Water). Both units have been recently renovated and have separate laundry facilities. The back yard is fenced and has a patio that is perfect for outdoor entertaining or relaxing. Walking distance to parks, bus routes, ION Light Rail, the Tannery Building, Google, restaurants, coffee shops and more! Financials available upon request. Book your viewing today! (Email the Listing Agent for the Full financials) (id:47423)
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Detailed Information
Bedrooms
4
Bathrooms
3
Lot
39 x 96 ft
Amenities Nearby
Hospital, Park, Place of Worship, Public Transit, Schools
Equipment
Water Heater
Features
Paved driveway
Listing Contract Date
2024-10-16
Location Description
From Victoria St.South, turn onto Henry St.
Ownership Type
Freehold
# of Parking Spaces
3
Property Type
Multi-family
Rental Equipment
Water Heater
Structures
Shed, Porch
Transaction Type
For sale
Zoning Description
RES-4
Building
Basement Development
Finished
Basement Type
Full (Finished)
Constructed Date
1913
Cooling Type
Central air conditioning
Exterior Finish
Vinyl siding
Foundation Type
Poured Concrete
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2
Type
Duplex
Utility Water
Municipal water
Land
Total Size
under 1/2 acre
Amenities
Hospital, Park, Place of Worship, Public Transit, Schools
Fence Type
Fence
Sewer
Municipal sewage system
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