351 HOFFMAN Street , Kitchener Ontario N2M3N5

Sale $1,200,000 |

Listing # 40815521

Jen Lema

Salesperson/REALTOR®

Phone: 519.578.7300
Fax: 519.742.9904
Mobile: 647.200.8677

soldwithjenlema@gmail.com

jenlema.ca

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

Brokerage

71 Weber STREET EAST
Kitchener, ON N2H1C6

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)

Investment

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

Property Features:

Access Type:	Highway access
Amenities Nearby:	Golf Nearby , Hospital
Features:	Paved driveway , Laundry- Coin operated
Ownership Type:	Freehold
Parking Type:	Open
Property Type:	Multi-family
Sewer:	Municipal sewage system

Building Features:

Basement Development:	Finished
Basement Type:	Full
Cooling Type:	None
Exterior Finish:	Brick
Foundation Type:	Block
Heating Fuel:	Natural gas
Heating Type:	Other

Jen Lema

Salesperson/REALTOR®

Phone: 519.578.7300
Fax: 519.742.9904
Mobile: 647.200.8677

soldwithjenlema@gmail.com

jenlema.ca

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

Brokerage

71 Weber STREET EAST
Kitchener, ON N2H1C6

Not intended to solicit buyers or sellers, landlords or tenants currently under contract.

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