Wondering how to get onto the property ladder? This beautifully updated and VACANT duplex in the heart of Kitchener is the answer! Rent one unit while living in the other and start building equity. Great opportunity for investors, a cash flowing property with two very desirable rental units located just steps from Victoria Park and walking distance to downtown and access to transit. 52 Henry Street offers modern charm, strong rental potential, and flexibility for investors or owner-occupants alike. Unit One spans the main and lower levels and features a spacious main floor bedroom with a second bedroom/office below grade. The full bathroom was updated in 2021 and there is a half bathroom below grade. The kitchen was renovated in 2021 and includes a dishwasher and ample counter space. Unit 2, the upper level, includes 2 bright bedrooms, one with a skylight, and a full bathroom. Both units have private laundry and access to a large, shared backyard perfect for sitting around the fire. With 3 parking spots, separate entrances, and estimated monthly rents of apx $2,200 (Unit one) and apx $1,900 (Unit two), this turnkey property offering a potential cap rate of 5.3% is a rare opportunity in a great location. (id:4069)
Address
52 HENRY Street
List Price
$699,900
Property Type
Single Family
Type of Dwelling
House
Style of Home
2 Level
Area
Ontario
Sub-Area
Kitchener
Bedrooms
4
Bathrooms
3
Floor Area
2,131 Sq. Ft.
Year Built
1913
MLS® Number
40736695
Listing Brokerage
TrilliumWest Real Estate Brokerage
Basement Area
Full (Finished)
Postal Code
N2G1P3
Zoning
RES-4
Site Influences
Hospital, Park, Place of Worship, Public Transit, Schools
Features
Paved driveway
