14 Units in Kitchener
$2,499,000
Highlights
Units
14
Stories
2
Price Per Unit
$178,500
Lot Size
12,270.85 ft²
Cap Rate
5.5%
Duplex & 12 plex on 1 large lot for a total of 14 units. 4 x Bachelors, 6 x 1 Bedrooms & 4 x 2 Bedrooms. 2 units presently vacant. Hydro separately metered, tenants pay their own Hydro. Ample on site parking, Coin Laundry onsite provides for additional income. Upside potential on majority of the rents. 8 units have been renovated with new kitchen cabinets and flooring throughout. Ample unused space in the basement area.
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All information furnished regarding this property is from sources deemed reliable but no warranty or representation is made to the accuracy thereof and same is submitted subject to errors, omissions, change of price or other terms, prior to sale or withdrawal without notice. Prospective purchasers are advised to seek independent legal, accounting, or any other consulting advise as may be deemed necessary to submit an offer to purchased.