Property Description

Turn-key investment opportunity offering an attractive 6.36% cap rate! This tenanted six-unit property features a desirable mix of two one-bedroom units and four two-bedroom units, all updated and providing comfortable living spaces for residents. Separate hydro meters simplify utility management, while shared coin-operated laundry offers an additional amenity. Residents can also enjoy a shared green space and a newly paved parking lot with ample parking. An excellent opportunity for investors seeking an established multi-residential property with rental income in place and strong investment potential in the Kitchener market. (id:7434)