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An amazing investment opportunity for a savvy investor. Or multi-residential redevelopment Opportunity. This 11 room Rooming House, sits on a Prime Lot and located in the Heart of Kitchener: A Fantastic location, in a highly sought after area by students and tech companies. Close to everything a tenant could possibly want or need (Google, Universities, nearby transit routes for bus and the new LRT, shops, Farmers Market and Restaurants). Rooms are already occupied on a monthly term and generate a substantial cash flow. Low maintenance property with recent updates including: New Roof (2016), newer furnace (x2 in 2005). This is a unique property on a huge lot, with lots of potential. Parking for 8-10 cars on site. This property also has an owner's unit (2 bedroom apartment) ideal for the investor or the landlord. A Must See! Call today for your private viewing. (id:10452)
Property Details
| Property Type | House |
|---|---|
| Architectural Style | 2 Level |
| Square Feet | |
| Maintenance | N/A |
| Days On Our Website | 113 |
| Basement | Partially finished - Full (Partially finished) |
| Kitchens | 2 |
| Lot Dimensions | under 1/2 acre |
| Pool | N/A |
| Area | Kitchener |
| Air Conditioning | None |
| Heating | Natural gas - Forced air |
| Exterior | Brick |
| Parking Spaces | 8 |
| Parking Type | None,None |
| Sewers | Municipal sewage system |
| Water | Municipal water, Unknown |
Listing Office: New Way Realty Inc.
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