$ 799,000
32 Simeon ST Kitchener, ON N2H 1S1
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 799,000
Est. payment /mo
Active
32 Simeon ST Kitchener, ON N2H 1S1
5 Beds
3 Baths
UPDATED:
10/10/2024 06:43 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID X9391148
Style 2 1/2 Storey
Bedrooms 5
Annual Tax Amount $5,006
Tax Year 2023
Property Description
This property is perfect for Investors/buyers who appreciate distinguished homes and seek supplementary rental income or investment opportunities. Classic charm meets modern potential in this turn-key cash flow property, located in a prime downtown neighborhood. With a legal duplex and a basement in-law suite featuring a separate exit, this property offers versatile living arrangements. Plus, enjoy the convenience of three dedicated parking spaces in the back. This property boasts an impressive rental income of $4,550.00 per month, with a breakdown of $2,100.00 for the 3-bedroom unit, $1,900.00 for the 2-bedroom unit, and $550 for the in-law suite in basement. Tenants cover hydro costs, and the high-efficiency hot water boiler helps keep heating expenses low. All rental units are currently on a month-to-month basis, offering flexibility for new ownership. Financials are available upon request, and you'll find clean, low-maintenance units. Don't miss out on this unique opportunity!
Location
Province ON
County Waterloo
Rooms
Family Room Yes
Basement Finished, Separate Entrance
Kitchen 3
Separate Den/Office 1
Interior
Interior Features Separate Hydro Meter
Cooling Window Unit(s)
Fireplace No
Exterior
Garage Private
Garage Spaces 3.0
Pool None
Waterfront No
Roof Type Asphalt Shingle
Parking Type None
Total Parking Spaces 3
Building
Unit Features Library,Park,Place Of Worship,Public Transit,School,School Bus Route
Foundation Concrete Block
Listed by LUXE HOME TOWN REALTY INC.