419 Lancaster St. W., Kitchener
$1,050,000
Highlights
Units
6
Stories
2
Price Per Unit
$175,000
Lot Size
50' x 254'
Cap Rate
5%
Well-maintained legal 6-plex with phenomenal curb appeal. This fantastic investment opportunity has huge upside potential of approx. 67% on existing rents. The Deep 254′ lot provides ample future expansion potential as the current building is only occupying roughly 30% of the lot. Tenants pay their own Hydro, Ample parking, onsite Laundry provides additional monthly income. The building right next door at 425 is also listed for sale and can be sold together or separate.
For More Information and Financial Package Please Call or Email Us Today
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.