15 Units in Kitchener
$2,699,000
Highlights
Units
15
Stories
3.5
Price Per Unit
$179,933
Lot Size
19,633 ft²
Cap Rate
15 unit building consisting of all 2 Bedroom apartments. Asking roughly $179k/ suite. Building in condition that N13’s would most likely be warranted. Rents well below market. Owner willing to allow listing broker to speak with tenant prior to closing. Space in basement to add additional a 16th unit – 1 bedroom with already two exits existing (not just Broker talk, actual space). Roof is approx. 10 years old. Heat expense includes water.
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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.