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$799,000
Est. payment /mo
6 Beds
1,800 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $443
Subdivision 311 - Downtown/Rockway/S. Ward
MLS® Listing ID 40716167
Bedrooms 6
Originating Board Cornerstone - Waterloo Region
Property Sub-Type Freehold
Property Description
Welcome to 156 Mill Street, a fantastic investment opportunity in the heart of Kitchener! This legal triplex is ideally located with easy access to the scenic Iron Horse Trail, offering a peaceful setting while still being just minutes away from downtown Kitchener. The property is situated in a prime location with RES-4 zoning, which permits the development of up to 4 units, providing great potential for future growth. Currently set up as a triplex, the property features a spacious unfinished basement and a large yard, both of which present an exciting opportunity to add a fourth unit, increasing the property's rental income potential. Whether you're an investor looking to expand your portfolio or someone with a vision to create additional units, 156 Mill Street offers a unique opportunity to capitalize on the growing demand for rental properties in this vibrant area. Don't miss out—schedule a viewing today and explore the possibilities! Unit#1 $2,000 ; Unit#2 $1,020 ; Unit#3 $1790 Inclusive of utilities, not separately metered. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air,
Cooling Wall unit
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 5
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold