Quick Summary
Quick Summary
- Profitable legal duplex with $40k net yearly income
- Turnkey cash flow property with well-maintained units
- Convenient downtown location near parks, transit, and amenities
- Spacious 2-bedroom units with separate laundry facilities
- Fenced backyard with patio for outdoor entertainment
- Recently renovated units with growth potential in rents
- Flexible occupancy options - rent out or move in
- Detailed financial information available upon request
Well maintained Legal Duplex located downtown Kitchener with $50,000 yearly GROSS income! (Email the Listing Agent for the Full financials). Two 2-bedroom units bring in a NET Yearly income of $40k! This is a turn-key cash flow property with very clean and well maintained units. Main floor unit is 2 bedrooms & 1.5 baths currently rented... Show More
Well maintained Legal Duplex located downtown Kitchener with $50,000 yearly GROSS income! (Email the Listing Agent for the Full financials). Two 2-bedroom units bring in a NET Yearly income of $40k! This is a turn-key cash flow property with very clean and well maintained units. Main floor unit is 2 bedrooms & 1.5 baths currently rented at $2,152/month, use of 2 parking spots. Upstairs unit is 2 bedrooms & 1 bath unit and has the use of 1 parking spot (vacant as of Jan 1st, 2025). Set your own rent or move in yourself (estimated rent in 2025 is $1,950/month). Both units have been recently renovated and have separate laundry facilities. The back yard is fenced and has a patio that is perfect for outdoor entertaining or relaxing. Walking distance to parks, bus routes, ION Light Rail, the Tannery Building, Google, restaurants, coffee shops and more! Financials available upon request. Book your viewing today! (id:54626)
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