Charming Sixplex Investment Opportunity in Forest Hill, Kitchener This well-maintained sixplex offers a fantastic income-generating opportunity for investors, located in the desirable Forest Hill neighborhood of Kitchener. The property features five 1-bedroom units and one 2-bedroom unit, making it perfect for singles, couples, or small families. Recent upgrades have enhanced both the interior and exterior of the property. The front and rear entrances have been updated with new flooring, freshly painted entryways, and a refreshed exterior to boost curb appeal and provide a welcoming experience for tenants. Units 1 and 2 have undergone modern renovations to attract high-quality tenants. The property is fully equipped with an up-to-date fire alarm and extinguisher system, ensuring safety and compliance with industry standards. Additional Income Potential: A unique opportunity exists for the buyer to further increase income by extending the existing building with the addition of a small house or triplex. Buyer to conduct due diligence before proceeding. With stable income, recent improvements, and significant growth potential, this sixplex is a strong investment opportunity for those looking to add value to their portfolio. Dont miss out schedule your showing today! (id:4069)
Address
281 LORNE AVENUE
List Price
$1,499,900
Property Type
Multi-family
Type of Dwelling
Other
Area
Ontario
Sub-Area
Kitchener
Bedrooms
7
Bathrooms
6
Floor Area
3,500 Sq. Ft.
Lot Size
92.6 x 117 FT Sq. Ft.
MLS® Number
X11907415
Listing Brokerage
RIGHT AT HOME REALTY
Postal Code
N2M3Y9
Zoning
R2
Site Influences
Public Transit, Park, Schools
