Jag Patel
Broker
$1,299,000
Available - For Sale
Listing ID: X12693992
153 Joseph Street , Kitchener, N2G 1J5, Waterloo
| Investment opportunity strong rental demand area- 153 Joseph Street . This fantastic 6-plex is situated in a peaceful neighbourhood near downtown Kitchener. This property offers a great opportunity for investors. Legal 6 plex all separate entrances for each unit in 3 story building not purpose build. There are 4 - two bedroom, 2 - one bedroom. The property has been well maintained over the years and offers great potential for investors or owners who are looking to add value through updates. All major systems are in working order and inspected yearly. And the building includes a paid monitored fire alarm system connected directly to the local fire station for peace of mind. Coin operated washer and dryer. Each unit has separate hydrometer. Three units with private balcony, One heating system operated by Boiler uses gas. Hot water tank rental. Close to LRT local train and bus terminal. Close to Victoria Park and Kitchener downtown area such as City Hall, Manulife building, Grandriver Hospital. 4 of the units will be vacant on closing. One 2 bedroom on the 3rd floor requires a fire escape .One bedroom unit will be vacant upon closing. So only 2 units will be tenant occupied at closing. Basement area has a lot of storage space. Functioning mechanicals and utilities. Great long-term investment upside .The property has been meticulously maintained by the same owner for 22 years, offering peace of mind to potential buyers. One attached garage with 3 outside parking spaces. The property is sold as is. Potential income 130800/m, expense 1500/m |
| Price | $1,299,000 |
| Taxes: | $7191.00 |
| Occupancy: | Owner+T |
| Address: | 153 Joseph Street , Kitchener, N2G 1J5, Waterloo |
| Directions/Cross Streets: | victoria st.s and king |
| Rooms: | 20 |
| Bedrooms: | 10 |
| Bedrooms +: | 0 |
| Family Room: | T |
| Basement: | Crawl Space |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Multiplex |
| Style: | 3-Storey |
| Exterior: | Brick |
| Garage Type: | Attached |
| Drive Parking Spaces: | 2 |
| Pool: | None |
| Approximatly Square Footage: | 3500-5000 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Water |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| HOMELIFE LANDMARK REALTY INC. |
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Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Waterloo |
| Municipality: | Kitchener |
| Neighbourhood: | Dufferin Grove |
| Style: | 3-Storey |
| Tax: | $7,191 |
| Beds: | 10 |
| Baths: | 6 |
| Fireplace: | N |
| Pool: | None |
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