2 Bedroom
2 Bathroom
2850 sqft
Ductless, Wall Unit
$1,399,000
LOCATION IS EVERYTHING! Excellent investment opportunity in a prime central location on King Street East in Downtown Kitchener. This fully leased (all leases month to month), mixed-use property features a high-visibility commercial frontage currently occupied by a barbershop, plus four well-maintained residential units. The site includes 11 parking spaces. Zoned MU-2 (Mixed Use), the property allows for a wide range of commercial and residential uses and strong potential for urban redevelopment. 2024 hydro: $2718.22 2024 Water and Gas: $4002.30 Repairs and Maintenance 2024: $4297.63 (id:49187)
Property Details
|
MLS® Number
|
40764813 |
|
Property Type
|
Multi-family |
|
Neigbourhood
|
Eastwood |
|
Amenities Near By
|
Public Transit, Shopping |
|
Community Features
|
High Traffic Area |
|
Equipment Type
|
Water Heater |
|
Features
|
Paved Driveway |
|
Parking Space Total
|
11 |
|
Rental Equipment Type
|
Water Heater |
Building
|
Bathroom Total
|
2 |
|
Bedrooms Total
|
2 |
|
Basement Development
|
Partially Finished |
|
Basement Type
|
Full (partially Finished) |
|
Constructed Date
|
1902 |
|
Construction Material
|
Wood Frame |
|
Cooling Type
|
Ductless, Wall Unit |
|
Exterior Finish
|
Brick, Wood |
|
Heating Fuel
|
Natural Gas |
|
Stories Total
|
2 |
|
Size Interior
|
2850 Sqft |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Access Type
|
Highway Access |
|
Acreage
|
No |
|
Land Amenities
|
Public Transit, Shopping |
|
Sewer
|
Municipal Sewage System |
|
Size Depth
|
110 Ft |
|
Size Frontage
|
50 Ft |
|
Size Total Text
|
Under 1/2 Acre |
|
Zoning Description
|
Mu-2, 541r |
https://www.realtor.ca/real-estate/28797672/686-king-street-e-kitchener