$1,050,000
$1,200,000
12.5%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
6 Baths
SOLD DATE : 05/01/2024
Key Details
Sold Price $1,050,000
Property Type Multi-Family
Sub Type Multiplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 3500-5000
MLS Listing ID X8084634
Sold Date 05/01/24
Style 3-Storey
Bedrooms 7
Annual Tax Amount $6,642
Tax Year 2023
Property Sub-Type Multiplex
Property Description
Welcome to an appealing investment opportunity in Kitchener's Forest Hill area with a history of long-term tenancy. This 6plex, proudly owned by the original owner, offers a mix of units - Four 1-bedroom, One Bachelor, and One 2-bedroom. Large, bright windows in each unit contribute to a warm atmosphere. While well maintained, the property may benefit from some updates, offering investors the opportunity to enhance its value further. A coin-operated laundry in the common area adds convenience for tenants, also provides an additional income stream for investors. Featuring parking for 6+ cars, the property ensures ample parking space for residents. Additionally, each unit boasts a unique front and back door access, providing convenient entry and exit options. Additionally, there's a nice side yard for tenants to relax or barbecue. Conveniently located near the expressway, public transit, and shopping centers, this 6plex stands as a solid investment opportunity.
Location
Province ON
County Waterloo
Area Waterloo
Rooms
Family Room No
Basement None
Kitchen 6
Interior
Cooling None
Exterior
Parking Features Mutual
Pool None
Lot Frontage 90.89
Lot Depth 117.04
Total Parking Spaces 6
Others
ParcelsYN No
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "





