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 |
| AmenitiesNearBy | Public Transit, Schools, Shopping |
| EquipmentType | Water Heater |
| Features | Paved Driveway, Laundry- Coin Operated |
| RentalEquipmentType | Water Heater |
| BedroomsTotal | 5 |
| Appliances | Water Softener |
| BasementDevelopment | Partially Finished |
| BasementType | Full (partially Finished) |
| ConstructedDate | 1960 |
| ConstructionStyleAttachment | Detached |
| CoolingType | None |
| ExteriorFinish | Brick |
| FireProtection | Smoke Detectors |
| FoundationType | Poured Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| Type | Triplex |
| UtilityWater | Municipal Water |
| None |
| AccessType | Highway Nearby |
| Acreage | No |
| LandAmenities | Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| SizeFrontage | 47 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | R6 |
https://www.realtor.ca/real-estate/23138665/270-clifton-road-kitchener
Contact us for more information
Mike Milovick
Broker
Jennifer Shingler
Salesperson
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