52 Henry Street Kitchener, Ontario N2G 1P3
$724,900
Unlock the potential of this vacant, cash-flowing LEGAL DUPLEX, ideally located in vibrant downtown Kitchener! Generating a gross income of $50,000/year and a net income of $40,000/year, this is an incredible 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. $2,250/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:56248)
Property Details
| MLS® Number | 40693610 |
| Property Type | Multi-family |
| Neigbourhood | Victoria Park Heritage District |
| Amenities Near By | Hospital, Park, Place Of Worship, Public Transit, Schools |
| Equipment Type | Water Heater |
| Features | Paved Driveway |
| Parking Space Total | 3 |
| Rental Equipment Type | Water Heater |
| Structure | Shed, Porch |
Building
| Bathroom Total | 3 |
| Bedrooms Total | 4 |
| Appliances | Window Coverings |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1913 |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,425 Ft2 |
| Type | Duplex |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Fence Type | Fence |
| Land Amenities | Hospital, Park, Place Of Worship, Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 96 Ft |
| Size Frontage | 39 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Res-4 |
https://www.realtor.ca/real-estate/27848153/52-henry-street-kitchener
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March 12 2025 09:34:22
Waterloo Region Association of REALTORS®
Royal LePage Wolle Realty