Wondering how to get onto the property ladder? This beautifully updated 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 3 parking spots, 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. (id:52316)
TrilliumWest Real Estate Brokerage
$699,900
52 HENRY Street, Kitchener, Ontario
4 Bedrooms
3 Bathrooms
Property
MLS® Number: 40736695
Address: 52 HENRY Street
City: Kitchener
Style: 2 Level
Exterior: Vinyl siding
Utilities
Central Air: Yes
Heating: Forced Air, Natural Gas
Parking
Parking Spaces: 3
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Property Sale History
Travel and Neighbourhood
80/100Walk Score®
Very Walkable
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Location
