95 Franklin Street North, Kitchener, Ontario N2A1Y1

Listing courtesy of RE/MAX TWIN CITY REALTY INC..

$1,599,900
8
BD
6
BA

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List Price
$1,599,900
MLS®
X13423412
Days on Market
47
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Bedrooms
8
Bathrooms
6
Lot Size Dimensions
55 x 110 FT

Property Description

BRAND NEW PURPOSE BUILT FOUR-PLEX! NO RENT CONTROL HERE! CURRENTLY UNDER CONSTRUCTION with a 6% cap rate! This custom build four unit building offers its new owner years of carefree investing with a great return. You set the rents and pick your own hand picked quality tenants. Designed with the investor in mind this building features no interior hallways to maintain. In suite laundry rooms in all suites. Open concept modern layouts with custom kitchens with quartz counter tops. High quality hard surface flooring throughout. Separate HVAC systems in all units with all separate meters. Full unfinished basement with 2 separate doors gives this property even more additional potential to add another 2 units with City of Kitchener approval. Great Stanley park neighbourhood close to all amenities. This is a great opportunity for the savvy investor looking to add a quality income producing property to their investment portfolio. Full 7 year Tarion warranty!! A great turnkey opportunity! (id:5764)

Additional Information

Basement Features
Unfinished, Full, Walk-up, N/A, N/A
Basement
Yes
Parking Spaces
6
Cooling
Central air conditioning
Country
Canada
Sewer
Sanitary sewer
Heating
Forced air, Natural gas

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Calculator source: Real Geeks