236 MARGARET Kitchener ON N2H 4J5

For Sale | Multi-Residential
$1,099,900.00
Unknown sq ft
MLS# Cambridge
if(ATTENTION savvy investor’s! BACK ON THE MARKET with INCREASED rents and a MUCH LOWERER price! This is a great opportunity to own a purpose built 10-plex in Kitchener! This building has 8 residential and 2 VACANT commercial units to boost your cash flow to well over $1,000 a month NET! There is still lots of room for improvements to increase rents over time which will increase the value of the building. At under a $109,990 per unit, this property will not last long! With being only 3 minutes to the downtown core and VIA Rail station/LRT stops, this area will continue to grow making this a very smart long term investment. Phase 1 completed in 2017. Contact the listing agent today for a detailed financial breakdown. != null) {

Description

ATTENTION savvy investor’s! BACK ON THE MARKET with INCREASED rents and a MUCH LOWERER price! This is a great opportunity to own a purpose built 10-plex in Kitchener! This building has 8 residential and 2 VACANT commercial units to boost your cash flow to well over $1,000 a month NET! There is still lots of room for improvements to increase rents over time which will increase the value of the building. At under a $109,990 per unit, this property will not last long! With being only 3 minutes to the downtown core and VIA Rail station/LRT stops, this area will continue to grow making this a very smart long term investment. Phase 1 completed in 2017. Contact the listing agent today for a detailed financial breakdown.

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Building

  • Building Name
  • Construction
  • Cooling
    None

Land

  • Zoning
    C1

Location

236 MARGARET Kitchener ON N2H 4J5

Sales Representative

MAT PICHE

Brokerage

THE VANCOR GROUP REAL ESTATE BROKERAGE INC.

Price Information

  • Sale Price
    $1,099,900.00