Hello, savvy investors! Seize the opportunity with this attractive 6% cap rate offering. Discover a fully-occupied fourplex nestled in the vibrant west end of the city, boasting easy access to major highways. This property features five unique apartments, each adorned with high ceilings, expansive windows, in-unit laundry, and fully-equipped kitchens. Benefit from ample surface parking and the potential to boost your income further. Equipped with five hydro meters and four owned hot water tanks, the property maintains occupancy permits for four units. Its strategic location and modern aesthetics position it as an excellent investment prospect. Perhaps, this could be the start of your thriving AirB&B venture. (id:50947)
| MLS® Number | 1389060 |
| Property Type | Multi-family |
| Neigbourhood | Woodward Industrial Park |
| Amenities Near By | Public Transit, Recreation Nearby, Shopping |
| Features | Balcony |
| Parking Space Total | 7 |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1960 |
| Construction Style Attachment | Attached |
| Cooling Type | Window Air Conditioner |
| Exterior Finish | Stone, Siding |
| Fire Protection | Smoke Detectors |
| Flooring Type | Tile, Vinyl |
| Foundation Type | Poured Concrete |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
| Gravel |
| Acreage | No |
| Current Use | Development Residential |
| Land Amenities | Public Transit, Recreation Nearby, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 123 Ft ,10 In |
| Size Frontage | 50 Ft |
| Size Irregular | 0.14 |
| Size Total | 0.14 Ac |
| Size Total Text | 0.14 Ac |
| Zoning Description | R2f |
Contact us for more information
Jenna Swinwood
Broker of Record
(613) 596-4300
(613) 596-4495
www.jennaandco.com/
Austin Cranney
Salesperson
(613) 596-4300
(613) 596-4495
www.jennaandco.com/
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The Reitzels
Keller Williams Innovation
640 Riverbend Drive
Kitchener, ON N2K 3S2
Phone: 519-570-6299 or
519-570-4447
Email: info@TheReitzels.com
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