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:61499)
| MLS® Number | 40870789 |
| Property Type | Multi-family |
| AmenitiesNearBy | Place Of Worship, Public Transit, Schools, Shopping |
| EquipmentType | Other, Water Heater |
| Features | Laundry- Coin Operated |
| ParkingSpaceTotal | 10 |
| RentalEquipmentType | Other, Water Heater |
| BathroomTotal | 6 |
| BedroomsTotal | 10 |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| ConstructedDate | 1963 |
| CoolingType | None |
| ExteriorFinish | Brick |
| HeatingFuel | Natural Gas |
| HeatingType | Baseboard Heaters, Radiant Heat |
| StoriesTotal | 2 |
| SizeInterior | 7200 Sqft |
| UtilityWater | Municipal Water |
| Open |
| AccessType | Highway Access |
| Acreage | No |
| LandAmenities | Place Of Worship, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| SizeDepth | 120 Ft |
| SizeFrontage | 70 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | R2 |
https://www.realtor.ca/real-estate/30410865/105-dixon-street-kitchener
Contact us for more information
Lee S. Quaile
Broker of Record
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