Sixplex – Hoffman St, Kitchener

Property Description

An exceptional opportunity to purchase a well maintained, professionally managed purpose built sixplex on a large lot with R7 zoning. The property features six 1 bedroom apartments, with an average rent of $919.

Tenants pay their own hydro. Landlord pays for gas and water. Recent upgrades include: Boiler (2015), Driveway and Roof (2022).

There is lots of upside potential on the rents along with the potential to intensify the site with additional units. Please reach out today to discuss this opportunity further.

 

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