9 Beds 14 Bath

14-20 Brubacher Street, Kitchener, ON N2H 2V9

Kitchener N2H 2V9 Ontario

MLS: X12318036

$1,999,900

Added 11 days ago | For Sale

Listed by: RE/MAX TWIN CITY REALTY INC.

About Property

**CAP RATE 6.83% Very strong annual income $196,059.00 can be purchased with property management company in place. DUPLEX + 12-PLEX - ATTENTION INVESTORS! Unique real estate assembly on 14 Brubacher St. (Duplex) and 16-18-20 Brubacher St. consisting of 4 bachelor units, 6 one-bedroom units and 2 two bedroom units sold together. All tenants pay their own hydro with 14 separate hydro meters, newer furnaces, 1 shared washer and dryer at 12-plex and parking for 11 vehicles total. 3 hot water tanks 1 rented and 2 owned. Half of the units have seen upgrades in last couple of years. Ideally positioned in the heart of Kitchener's Central Frederick neighborhood. Located within walking distance of the LRT, & close to the University of Waterloos School of Pharmacy, this area is close to major employers such as Google & the Innovation Centre, & provides easy access to Toronto via the nearby GO Train. The neighborhood is bustling with cultural attractions including Centre in the Square, Kitchener Market, The Museum, Library, & dining options. Its a thriving hub of innovation/growth, further enhanced by Victoria Park & Kitchener Auditorium, adding to the area's appeal. 4 units are currently vacant and can be shown anytime.

Features

  • House Style:Multiplex
  • Bathrooms:14
  • Land Size: 91.7 X 115.88
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:LANCASTER STREET E
  • Basement:Full,Unfinished , Full,Unfinished
  • Possession Date:Flexible
  • Annual Property taxes: $29526.59
  • Bedrooms:9 +9
  • Total Parking Spaces:11
  • Parking Places:11
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:South
  • Front Footage:
  • Listing ID:X12318036

Level Type Features Dimensions
Main Bedroom 6 ft, 11 in x 12 ft, 1 in

No property rooms available.

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