Renovated 6-plex on a large lot in central Kitchener. Strong ~5.3% cap rate with verified financials and a quality tenant profile. All 2-bed units feature private balconies, fridge, stove & basement storage. Unit 3 includes a self-controlled heat pump (tenant-paid hydro). Shared laundry in basement. Below-market rents in select units offer immediate value-add upside. Great bones, excellent condition, room to grow NOI. Financials attached! Financials (id:60488)
| MLS® Number | 40825490 |
| Property Type | Multi-family |
| Amenities Near By | Airport, Park, Public Transit, Schools, Shopping |
| Community Features | High Traffic Area, Quiet Area, School Bus |
| Features | Industrial Mall/subdivision |
| Parking Space Total | 8 |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Cooling Type | None, Wall Unit |
| Exterior Finish | Brick |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Stories Total | 3 |
| Size Interior | 3,106 Ft2 |
| Utility Water | Municipal Water |
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Airport, Park, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Frontage | 58 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R6 |
https://www.realtor.ca/real-estate/29677810/72-hoffman-street-kitchener
Exp Realty
7-871 Victoria Street North Unit: 355
Kitchener,
Ontario
N2B 3S4
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