72 BARBARA CRESCENT, Kitchener, Ontario, N2M 4N2

$1,385,000

MLS® # X12548638

Investment For Sale In Meinzinger Park-Lakeside, Kitchener, Ontario

$1,385,000

Property Information:

An exceptional opportunity for investors or owner-occupants, 72 Barbara Crescent offers a superior unit mix of three two-bedrooms and one three-bedroom, generating a 5.2% cap rate with additional upside. Major capital items are complete, including a 2021 roof, 2020 windows, electrical split with copper wiring and breaker panels (2021), and full unit renovations with quality finishes. Ideally located near Westmount Rd E and Highway 8, the property sits in a strong rental pocket and offers future development potential on its generous lot-making this a turnkey, income-producing asset with long-term upside. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Type: Full
  • Exterior Finish: Brick
  • Fireplace: Yes
  • Floor Space: 1500 - 2000 sqft
  • Foundation Type: Concrete
  • Heating Type: Baseboard heaters
  • Heating Fuel: Natural gas

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 11
  • Bathrooms: 4
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Irregular: Yes
  • Lot Frontage: 50.3 Feet
  • Lot Size: 50.4 FT
  • Zoning: R4
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 8

Courtesy of: EXP REALTY

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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