Office Listing

Mike Milovick, Broker  |  Jennifer Shingler, Sales Representative


$38,500+ Gross Annual Income Available Here! Rare fourplex in desirable Heritage Park/Rosemount! Compelling, clean, entry level apartment building. Strong central Kitchener rental location with easy access to Highway 85/86 and good proximity to Downtown Kitchener's amenities. Well formatted building featuring two 2 bedroom units and two spacious bachelor pads. Note oversized/divided double car garage with large shed. Coin operated laundry brings in additional cash. Updated, 200 amp electrical service. New entrance from basement. Roof (2010). Furnace (2011). Unit 1 has updated laminate flooring, new countertop and has been freshly painted. Unit 2 features newer carpeting with tiled shower stall/tiled bathroom flooring. Unit 3 has new tile throughout hallway, bathroom and kitchen. Unit 4 features a new bathroom (2016). Both Units 3 and 4 are very spacious. Shows clean. Opportunity to significantly increase rents on re-rental. Or generate additional income through parking. Garage is ideal for rental or landlord storage - or both. Ideal for investor looking for foothold in perennially one of the best Town's in Ontario or for smart owner occupier looking for quality of life while offsetting living expenses. (id:27)

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