Kitchener, ON N2H4T3,77 LANCASTER STREET W
Kitchener, ON N2H4T3,77 LANCASTER STREET W
Kitchener, ON N2H4T3,77 LANCASTER STREET W
Kitchener, ON N2H4T3,77 LANCASTER STREET W
Kitchener, ON N2H4T3,77 LANCASTER STREET W
Kitchener, ON N2H4T3,77 LANCASTER STREET W
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$ 1,650,000
Est. payment | /mo

7 Beds

7 Baths


$ 1,650,000
Est. payment | /mo

7 Beds

7 Baths

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS® Listing ID X11957929

Bedrooms 7

Originating Board OnePoint Association of REALTORS®

Property Description

An excellent opportunity to own a well-maintained 7-unit multi-residential property in the heart of Kitchener! Generating a gross annual income of $123,000, this investment offers strong cash flow with upside potential. The building consists of five one-bedroom units and two studio apartments, with five of the seven units already renovated, providing modern finishes and updated interiors. Well cared for over the years, this property is ideal for investors seeking a low-maintenance addition to their portfolio. Located in a high-demand rental area, the property is close to public transit, downtown Kitchener, parks, schools, and everyday amenities, making it an attractive option for tenants. With a solid rental history and potential for further value-add through renovations or additional storage, this is a turnkey investment with excellent long-term appreciation potential. With Kitcheners thriving rental market and strong demand for multi-family properties, this is a fantastic investment opportunity. (id:24570)

Location

State ON

Rooms

Extra Room 1 Second level 2 m X 2 m Bathroom

Extra Room 2 Second level 3.65 m X 2.9 m Bedroom

Extra Room 3 Second level 3.65 m X 2.9 m Bedroom

Extra Room 4 Second level 2 m X 2 m Bathroom

Extra Room 5 Lower level 3.65 m X 2.9 m Bedroom

Extra Room 6 Lower level 2 m X 2 m Bathroom

Interior

Heating Forced air

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 8

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

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Listed by Keller Williams Home Group Realty
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3009 23 St NE, Calgary, AB, CAN

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77 LANCASTER STREET W