52 Henry Street Kitchener, Ontario N2G 1P3
$724,900
This LEGAL DUPLEX will offer you a positive $600/month CASHFLOW! Ideally located in vibrant downtown Kitchener this property will generate a gross income of $50,000/year (a net income of $40,000/year). Great opportunity for investors or homeowners looking to offset their mortgage with rental income. This well-maintained property features two beautifully updated 2-bedroom units, each with separate laundry facilities and modern finishes. Unit 1: Main Floor + Basement Unit: 2 beds, 1.5 baths – Market rent approx. $2,200/month. Unit : Upper Unit: 2 beds, 1 bath – Market rent approx. $1,950/month. With three dedicated parking spaces, a fully fenced backyard with a patio, and a location that puts you steps from parks, transit (ION Light Rail & bus routes), the Tannery District, Google, restaurants, and more, this property is the definition of convenience. Whether you're looking to move in and set your own rents or add a solid investment to your portfolio, this duplex is turnkey and ready to go. Opportunities like this don’t last long! (id:49454)
Property Details
| MLS® Number | 40693610 |
| Property Type | Multi-family |
| AmenitiesNearBy | Hospital, Park, Place Of Worship, Public Transit, Schools |
| EquipmentType | Water Heater |
| Features | Paved Driveway |
| ParkingSpaceTotal | 3 |
| RentalEquipmentType | Water Heater |
| Structure | Shed, Porch |
Building
| BathroomTotal | 3 |
| BedroomsTotal | 4 |
| Appliances | Window Coverings |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| ConstructedDate | 1913 |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Vinyl Siding |
| FoundationType | Poured Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 1425 Sqft |
| Type | Duplex |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| FenceType | Fence |
| LandAmenities | Hospital, Park, Place Of Worship, Public Transit, Schools |
| Sewer | Municipal Sewage System |
| SizeDepth | 96 Ft |
| SizeFrontage | 39 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | Res-4 |
https://www.realtor.ca/real-estate/27848153/52-henry-street-kitchener
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March 20 2025 01:34:37
Kitchener-Waterloo Association of REALTORS®
Royal LePage Wolle Realty