52 HENRY Street, Kitchener, Ontario
$724,900
- 4 Beds
- 3 Baths
- 1,425 Square Feet
Unlock the potential of this vacant, cash-flowing LEGAL DUPLEX, ideally located in vibrant downtown Kitchener! Generating a gross income of $50,000/year and a net income of $40,000/year, this is an incredible opportunity for investors or homeowners looking to offset their mortgage with rental income. This well-maintained property features two beautifully updated 2-bedroom units, each with separate laundry facilities and modern finishes. Unit 1: Main Floor + Basement Unit: 2 beds, 1.5 baths – Market rent approx. $2,250/month. Unit : Upper Unit: 2 beds, 1 bath – Market rent approx. $1,950/month. With three dedicated parking spaces, a fully fenced backyard with a patio, and a location that puts you steps from parks, transit (ION Light Rail & bus routes), the Tannery District, Google, restaurants, and more, this property is the definition of convenience. Whether you're looking to move in and set your own rents or add a solid investment to your portfolio, this duplex is turnkey and ready to go. Opportunities like this don’t last long! (id:23309)
- Listing ID: 40693610
- Property Type: Multi-family
- Year Built: 1913
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Listing provided by Royal LePage Wolle Realty
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 52 HENRY Street in Kitchener Ontario. It was last modified on January 27th, 2025. Contact the Property Gals to schedule a viewing or to discover other Kitchener real estate for sale.