Well maintained Legal Duplex located downtown Kitchener with $50,000 yearly GROSS income! (Email the Listing Agent for the Full financials). 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 currently rented at $2,152/month, use of 2 parking spots. Upstairs unit is 2 bedrooms & 1 bath unit and has the use of 1 parking spot (vacant as of Jan 1st, 2025). Set your own rent or move in yourself (estimated rent in 2025 is $1,950/month). 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!
Mls | 40662571 |
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Listing Type | For Sale |
Style | Attachd |
Subtype | Resale |
Status | Active |
Year | 1913 |
Days On Site | 49 |
Listing Provided By | ROYAL LEPAGE WOLLE REALTY | Flav Onsen |
Beds | 4 |
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Baths | 3 |
Sq Feet | 1,425 |
Basement | Y |
Storys | 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: $399,900 SqFt: 1,425 low | high Med: 820 $ / SqFt: $526 low | high Med: $488 On Site: 49 low | high Med: 64.000000 |