674 Frederick Kitchener ON N2B 2B2

For Sale | Residential Income
$1,180,000.00
7492.32 sq ft
MLS# Kitchener
if(This beautifully maintained Two-Storey Fourplex with double car garage is nestled in Prime Kitchener location , minutes walk to all amenities. This all brick Fourplex offers 2 spacious 2-bedroom units and 2 generous 1-bedroom. 2 parking for each unit. There is an onsite coin-operated laundry room providing convenience for tenants and additional revenue stream.Updates include: Roof (Sept 2022) , Roof on Garage (2020). Unit 1 – Fully gutted and rebuilt , new bathroom fixtures new kitchen, backsplash, appliances, flooring, trim, door handles all LED lighting (2019). Unit 2 – new flooring, toilet (2019),Unit 3 – no upgrades but unit is in great shape Unit 4 – full gutted rebuilt, new bathroom fixtures, tiles , flooring, kitchen , backsplash, appliances, flooring , and trim ( 2019). RENTS AS FOLLOW Unit #3: two bedroom $1300 + hydro, Unit#2 two bedroom $959 + hydro Unit #1 one bedroom $1315 + hydro and Unit#4 one bedroom $1315 + hydro . Gross income is $58685 per month + coin laundry. property taxes are $5968 per year. Water (2021 )$2,326.03 .Water Heater Rental(2021)$240.66. Insurance(2021)$1391.46. != null) {

Description

This beautifully maintained Two-Storey Fourplex with double car garage is nestled in Prime Kitchener location , minutes walk to all amenities. This all brick Fourplex offers 2 spacious 2-bedroom units and 2 generous 1-bedroom. 2 parking for each unit. There is an onsite coin-operated laundry room providing convenience for tenants and additional revenue stream.Updates include: Roof (Sept 2022) , Roof on Garage (2020). Unit 1 – Fully gutted and rebuilt , new bathroom fixtures new kitchen, backsplash, appliances, flooring, trim, door handles all LED lighting (2019). Unit 2 – new flooring, toilet (2019),Unit 3 – no upgrades but unit is in great shape Unit 4 – full gutted rebuilt, new bathroom fixtures, tiles , flooring, kitchen , backsplash, appliances, flooring , and trim ( 2019). RENTS AS FOLLOW Unit #3: two bedroom $1300 + hydro, Unit#2 two bedroom $959 + hydro Unit #1 one bedroom $1315 + hydro and Unit#4 one bedroom $1315 + hydro . Gross income is $58685 per month + coin laundry. property taxes are $5968 per year. Water (2021 )$2,326.03 .Water Heater Rental(2021)$240.66. Insurance(2021)$1391.46.

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Building

  • Building Name
  • Construction
  • Cooling
    None

Land

  • Zoning
    R5

Location

674 Frederick Kitchener ON N2B 2B2

Sales Representative

Dennis Mehravar

Brokerage

Engel & Volkers Waterloo Region

Price Information

  • Sale Price
    $1,180,000.00