Nearly $42,000 Gross Annual Income Available Here! This clean, purpose-built triplex beckons for your immediate attention. This is NOT a drive by. Nice improvements including: vinyl windows, aluminum soffits, fascia and eavestroughs, water softener (2020), picket fence (2018), separate electrical meters. Renovated basement unit. New, vinyl clad storage shed. Note oversized basement level windows. Easily accessed parking provides for four parking spots. A truly turn key operation that generates strong, positive cash flow with just 35% down! Current rents: $1295, $1350 and $842. Coin laundry machines provide for an additional income stream. Investor work sheet with full financials available. Across from Guelph Street Park. 100 M from Lancaster Street and its restaurants, boutiques, amenities as well as public transit. Quick drive to Expressway, Easy walk to Downtown Kitchener. Looking for an opportunity to enter into the lucrative Kitchener-Waterloo real estate investment market? This is The One. (id:20587)
| MLS® Number | 40103428 |
| Property Type | Multi-family |
| Amenities Near By | Public Transit, Schools, Shopping |
| Equipment Type | Water Heater |
| Features | Paved Driveway, Laundry- Coin Operated |
| Rental Equipment Type | Water Heater |
| Bedrooms Total | 5 |
| Appliances | Water Softener |
| Basement Development | Partially Finished |
| Basement Type | Full (partially Finished) |
| Constructed Date | 1960 |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Exterior Finish | Brick |
| Fire Protection | Smoke Detectors |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | Triplex |
| Utility Water | Municipal Water |
| None |
| Access Type | Highway Nearby |
| Acreage | No |
| Land Amenities | Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Frontage | 47 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R6 |
https://www.realtor.ca/real-estate/23138665/270-clifton-road-kitchener
Contact us for more information
Mike Milovick
Broker
(519) 745-7000
(519) 745-8460
www.rlpgvr.com
Jennifer Shingler
Salesperson
(519) 745-7000
(519) 745-8460
www.rlpgvr.com
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
