236 MARGARET Avenue , Kitchener

$1,099,900 / MLS® Listing #:30780738

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ATTENTION savvy investors! BACK ON THE MARKET with INCREASED rents and a MUCH LOWERER price! This is a great opportunity to own a purpose built 10-plex in Kitchener! This building has 8 residential and 2 VACANT commercial units to boost your cash flow to well over $1,000 a month NET! There is still lots of room for improvements to increase rents over time which will increase the value of the building. At under a $109,990 per unit, this property will not last long! With being only 3 minutes to the downtown core and VIA Rail station/LRT stops, this area will continue to grow making this a very smart long term investment. Phase 1 completed in 2017. Contact the listing agent today for a detailed financial breakdown. (id:10452)

Property Details

Property Type Multi-Family
Architectural Style 2 Level, Multi-Unit
Square Feet
Maintenance N/A
Days On Our Website 45
Basement Finished - Full (Finished)
Lot Dimensions under 1/2 acre
Pool N/A
Area Kitchener
Air Conditioning None
Heating Natural gas - Radiant heat
Exterior Brick
Parking Spaces 6
Parking Type No Garage,Shared
Sewers Municipal sewage system
Water Municipal water


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