**CAP RATE 7.47% Very strong annual income $211,659, 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. (id:61852)
MLS® Number | X12318036 |
Property Type | Multi-family |
Neigbourhood | Central Frederick |
AmenitiesNearBy | Park, Public Transit, Schools |
ParkingSpaceTotal | 11 |
BathroomTotal | 14 |
BedroomsAboveGround | 9 |
BedroomsBelowGround | 9 |
BedroomsTotal | 18 |
Age | 51 To 99 Years |
Amenities | Separate Electricity Meters |
BasementDevelopment | Unfinished |
BasementType | Full (unfinished) |
ExteriorFinish | Brick |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
StoriesTotal | 2 |
SizeInterior | 5000 - 100000 Sqft |
Type | Other |
UtilityWater | Municipal Water |
No Garage |
Acreage | No |
LandAmenities | Park, Public Transit, Schools |
Sewer | Sanitary Sewer |
SizeDepth | 115 Ft ,10 In |
SizeFrontage | 91 Ft ,8 In |
SizeIrregular | 91.7 X 115.9 Ft |
SizeTotalText | 91.7 X 115.9 Ft|under 1/2 Acre |
ZoningDescription | R5, 129u |
Level | Type | Length | Width | Dimensions |
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https://www.realtor.ca/real-estate/28676409/14-20-brubacher-street-kitchener
Contact us for more information
Kyle Jansink
Salesperson