MLS®: 30711452 Status: For sale

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$1,299,900
Location:

236 Margaret Avenue, Kitchener Ontario, N2H4J5

236 Margaret Avenue, Kitchener Ontario
Description:
ATTENTION savvy investors! This is a great opportunity to own a purpose built 10-plex in Kitchener! This building has 8 residential units FULLY RENTED and also has 2 VACANT commercial units to boost your cash flow to well over $1,000 a month NET! There is still lots of room for improvements to increase rents over time which will increase the value of the building. At under a $129,990 per unit, this property will not last long! With being only 3 minutes to the downtown core and VIA Rail station/LRT stops, this area will continue to grow making this a very smart long term investment. Phase 1 completed in 2017. Contact the listing agent today for a detailed financial breakdown. (id:2471)
Property:
Type: Multi-family
Acreage: under 1/2 acre
Sewer: Municipal sewage systemWater: Municipal water
Parking Type: No Garage, Shared
Structure:
Style: Multi-FamilySquare Footage: 7840 sqft
Heating: Radiant heat
Heating Type: Natural gas
Cooling Type: None
Exterior: Brick
Foundation Type: Poured Concrete
Features:
Paved driveway Shared Driveway Laundry- Coin operated
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236 Margaret Avenue, Kitchener Ontario

Grand West Realty Inc., Brokerage


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