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$ 689,000
Est. payment /mo
Price Dropped by $10K
52 HENRY Street Kitchener, ON N2G1P3
4 Beds
3 Baths
2,131 SqFt
OPEN HOUSE
Sun Jul 27, 2:00pm - 4:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,131 sqft
Price per Sqft $323
Subdivision 313 - Downtown Kitchener/W. Ward
MLS® Listing ID 40731155
Bedrooms 4
Year Built 1913
Property Sub-Type Freehold
Source Cornerstone - Waterloo Region
Property Description
Wondering how to get onto the property ladder? This beautifully updated, legal non confirming and VACANT duplex in the heart of Kitchener is the answer! Rent one unit while living in the other and start building equity. Great opportunity for investors, a cash flowing property with two very desirable rental units located just steps from Victoria Park and walking distance to downtown and access to transit. 52 Henry Street offers modern charm, strong rental potential, and flexibility for investors or owner-occupants alike. Unit One spans the main and lower levels and features a spacious main-floor bedroom with a second bedroom/office below grade. The full bathroom was updated in 2021 and there is a half bathroom below grade. The kitchen was renovated in 2021 and includes a dishwasher and ample counter space. Unit 2, the upper level, includes 2 bright bedrooms, one with a skylight, and a full bathroom. Both units have private laundry and access to a large, shared backyard perfect for sitting around the fire. With parking, separate entrances, and estimated monthly rents of apx $2,200 (Unit one) and apx $1,900 (Unit two), this turnkey property offering a potential cap rate of 5.3% is a rare opportunity in a great location. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air,
Cooling Central air conditioning
Exterior
Parking Features No
Fence Fence
View Y/N No
Total Parking Spaces 2
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by TrilliumWest Real Estate Brokerage