This LEGAL DUPLEX will offer you a positive $600/month CASHFLOW! Ideally located in vibrant downtown Kitchener this property will generate a gross income of $50,000/year (a net income of $40,000/year). Great opportunity for investors or homeowners looking to offset their mortgage with rental income. This well-maintained property features two beautifully updated 2-bedroom units, each with separate laundry facilities and modern finishes. Unit 1: Main Floor + Basement Unit: 2 beds, 1.5 baths – Market rent approx. $2,200/month. Unit : Upper Unit: 2 beds, 1 bath – Market rent approx. $1,950/month. With three dedicated parking spaces, a fully fenced backyard with a patio, and a location that puts you steps from parks, transit (ION Light Rail & bus routes), the Tannery District, Google, restaurants, and more, this property is the definition of convenience. Whether you're looking to move in and set your own rents or add a solid investment to your portfolio, this duplex is turnkey and ready to go. Opportunities like this don’t last long! (id:61594)
MLS® Number | 40693610 |
Property Type | Multi-family |
Amenities Near By | Hospital, Park, Place Of Worship, Public Transit, Schools |
Equipment Type | Water Heater |
Features | Paved Driveway |
Parking Space Total | 3 |
Rental Equipment Type | Water Heater |
Structure | Shed, Porch |
Bathroom Total | 3 |
Bedrooms Total | 4 |
Appliances | Window Coverings |
Basement Development | Finished |
Basement Type | Full (finished) |
Constructed Date | 1913 |
Cooling Type | Central Air Conditioning |
Exterior Finish | Vinyl Siding |
Foundation Type | Poured Concrete |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Stories Total | 2 |
Size Interior | 1,425 Ft2 |
Type | Duplex |
Utility Water | Municipal Water |
Acreage | No |
Fence Type | Fence |
Land Amenities | Hospital, Park, Place Of Worship, Public Transit, Schools |
Sewer | Municipal Sewage System |
Size Depth | 96 Ft |
Size Frontage | 39 Ft |
Size Total Text | Under 1/2 Acre |
Zoning Description | Res-4 |
https://www.realtor.ca/real-estate/27848153/52-henry-street-kitchener
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