153 Joseph Street, Kitchener, Ontario N2G 1J5

Listed for:
$1,399,000
10 beds
6 baths
Listed 18 days ago
Other for rent: 153 Joseph Street, Kitchener, Ontario N2G 1J5

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Learn more about this property
Listing provided by:
HOMELIFE LANDMARK REALTY INC.
MLS® number:
X12486985
Agent:
Michael Tingxing Lin
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About

Cross Streets: victoria st.s and king. ** Directions: south. 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. 3 of the units are vacant. 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. (id:27476)

Property Highlights

MLS® Number
X12486985
Type
Multi-family
Land Size
41 x 92 FT
Parking Space Total
3

Building

Building Type
Other
Storeys
3.00
Square Footage
3500 - 5000 sqft
Bathrooms Total
6
Bedrooms Above Ground
10
Bedrooms Total
10
Exterior Finish
Brick
Fireplace Present
No
Basement Type
Crawl space
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location