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$689,000

432

MLS® 40736695

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1475 sqft
Garage No
Taxes $4,137
Lot Size 
Approx. Age 1913
Avg. Price Per Sqft $467
MLS® Number 40736695

Property Address: 52 Henry St, Kitchener, ON, N2G1P3

Average square foot calculated using Size range provided by listing agent.

Description

Wondering how to get onto the property ladder? This beautifully updated, legal non conforming and VACANT duplex in the heart of Kitchener is the answer! Rent one unit while living in the other and start building equity. Great opportunity for investors, a cash flowing property with two very desirable rental units located just steps from Victoria Park and walking distance to downtown and access to transit. 52 Henry Street offers modern charm, strong rental potential, and flexibility for investors or owner-occupants alike. Unit One spans the main and lower levels and features a spacious main floor bedroom with a second bedroom/office below grade. The full bathroom was updated in 2021 and there is a half bathroom below grade. The kitchen was renovated in 2021 and includes a dishwasher and ample counter space. Unit 2, the upper level, includes 2 bright bedrooms, one with a skylight, and a full bathroom. Both units have private laundry and access to a large, shared backyard perfect for sitting around the fire. With parking, separate entrances, and estimated monthly rents of apx $2, 200 (Unit one) and apx $1, 900 (Unit two), this turnkey property offering a potential cap rate of 5.3% is a rare opportunity in a great location.Show Description
MLS® Number40736695
Laundry LevelIn-Suite
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1913
BasementFull, Finished
DrivewayAsphalt
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

None, 2 Fridges, 1 Dishwasher, 2 Stoves, 2 Washers, 1 Dryer

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  • Commute

Commute

Starting Address
Destination Address
52 Henry St, Kitchener, ON

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