2 Bedroom
2 Bathroom
2,850 ft2
Wall Unit
$1,450,000
LOCATION IS EVERYTHING! Excellent investment opportunity in a prime central location on King Street East in Downtown Kitchener. This fully leased (all leases month to month), mixed-use property features a high-visibility commercial frontage currently occupied by a barbershop, plus four well-maintained residential units. The site includes 11 parking spaces. Zoned MU-2 (Mixed Use), the property allows for a wide range of commercial and residential uses and strong potential for urban redevelopment. 2024 hydro: $2718.22 2024 Water and Gas: $4002.30 Repairs and Maintenance 2024: $4297.63 (id:60626)
Property Details
MLS® Number
|
40731257 |
Property Type
|
Multi-family |
Neigbourhood
|
Freeport |
Amenities Near By
|
Public Transit, Shopping |
Equipment Type
|
Water Heater |
Features
|
Paved Driveway |
Parking Space Total
|
11 |
Rental Equipment Type
|
Water Heater |
Building
Bathroom Total
|
2 |
Bedrooms Total
|
2 |
Basement Development
|
Partially Finished |
Basement Type
|
Full (partially Finished) |
Constructed Date
|
1902 |
Construction Material
|
Wood Frame |
Cooling Type
|
Wall Unit |
Exterior Finish
|
Brick, Wood |
Heating Fuel
|
Natural Gas |
Stories Total
|
2 |
Size Interior
|
2,850 Ft2 |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Land Amenities
|
Public Transit, Shopping |
Sewer
|
Municipal Sewage System |
Size Depth
|
110 Ft |
Size Frontage
|
50 Ft |
Size Total Text
|
Under 1/2 Acre |
Zoning Description
|
Mu-2, 541r |