16 Unit Apartment Building

Property Description

Coming to MLS tomorrow! Downtown Kitchener – Concrete 16 Unit Apartment Building with desirable suite mix: – 12 x 2 Bedrooms, 3 x 3 Bedrooms, and 1 x 1 Bedroom.

Significant upside on rents for the patient investor. Average rent is currently $955. Beautiful terrazzo stairs and hallways.

The building is heated with a Viessman gas boiler system. One hydro meter, rents are currently all inclusive. Clean Phase I report recently completed by the Seller.

Recent upgrades include: all windows (2015), hot water heater (2018), intercom system (2018). Roof approx. 2002.

Please, contact for financial information.

 

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