BRAND NEW PURPOSE BUILT FOUR-PLEX! NO RENT CONTROL HERE! CURRENTLY UNDER CONSTRUCTION with a 6% cap rate! This custom build four unit building offers its new owner years of carefree investing with a great return. You set the rents and pick your own hand picked quality tenants. Designed with the investor in mind this building features no interior hallways to maintain. In suite laundry rooms in all suites. Open concept modern layouts with custom kitchens with quartz counter tops. High quality hard surface flooring throughout. Separate HVAC systems in all units with all separate meters. Full unfinished basement with 2 separate doors gives this property even more additional potential to add another 2 units with City of Kitchener approval. Great Stanley park neighbourhood close to all amenities. This is a great opportunity for the savvy investor looking to add a quality income producing property to their investment portfolio. Full 7 year Tarion warranty!! A great turnkey opportunity! (id:4555)
PROPERTY SPECS
Price $1,599,900
City Kitchener, Ontario
Bed / Bath 8 / 6 Full
Address 95 FRANKLIN Street
Listing ID 40828310
Style Fourplex
Parking 6.00
Type Multi-Family
Status For Sale
EXTENDED FEATURES
Community FeaturesHigh Traffic Area, School Bus, Community CentreOwnershipFreeholdBasementUnfinished, FullHeating / CoolingHeat PumpSewerMunicipal sewage systemParking6.00