$1,200,000

351 HOFFMAN Street , Kitchener, Ontario N2M3N5

Remarks

An exceptional opportunity to purchase a well maintained, professionally managed purpose built sixplex on a large lot with Res-6 zoning. The property features six 1 bedroom apartments, with an average rent of $997. Tenants pay their own hydro. Landlord pays for gas and water. Recent upgrades include: Boiler (2015), Driveway and Roof (2022). There is significant upside potential on the rents along with the potential to intensify the site with additional units. (id:27)

Property Summary

Lot Frontage: 78 Feet
Lot Depth: 129 Feet
Lot Size: 0.232 Acres
No. of Parking Spaces: 8
Floor Space (approx): 2834 Square Feet
Bedrooms: 6
Bathrooms (Total): 6
Zoning: RES-6

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Jen Lema

Salesperson/REALTOR®

Phone: 519.578.7300

Mobile: 647.200.8677

Fax: 519.742.9904

Royal LePage Wolle Realty, Brokerage (Independently owned and operated)

71 Weber STREET EAST
Kitchener, ON N2H1C6

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351 HOFFMAN Street ,
Kitchener, Ontario N2M3N5

$1,200,000