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)
MLS# | 40662571 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1913 |
Days On Site | 90 |
Listing Provided By | ROYAL LEPAGE WOLLE REALTY | Flav Onsen |
Bed(s) | 4 |
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Bath(s) | 3 |
SQ Feet | 1,425 |
Basement | Y |
Story(s) | 2 |
Units | 2 |
Zoning | RES-4 |
State | ON |
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County | Waterloo |
City | Kitchener |
Zip Code | N2G 1P3 |
Area | 3 Kitchener West |
Subarea | 313 Downtown Kitchener | West Ward |
Community Name | 313 Downtown Kitchener/West Ward |
Listing VS Median (in 313 Downtown Kitchener/West Ward) | |
Price: $749,900 low | high Med: $255,000 SqFt: 1,425 low | high Med: 650 $ / SqFt: $526 low | high Med: $392 On Site: 90 low | high Med: 11.000000 |