146 Weber Street W. (Kitchener) – $549,900 – Solid Investment Opportunity

Overview:

Listing Price: $599,900
Address: 146 Weber Street W.
City: Kitchener
Province: Ontario
Postal Code: N2H4A2
MLS#: 1031827
Year Built: 1900
Type: Multi-family detached
Style: 2-storey
Bedrooms:
Bathrooms:
Basement: Finished
Square Feet:
Property Size: 79 FT x 121 FT

Description:

This property has operated for over 30 years as a multiple family dwelling. The two-2 bedroom units, three-1 bedroom units and a bachelor unit generate an Annual Potential Income $39,000.00. A new furnace was installed in 2006 and the plumbing and the electrical have also been made current. There are no rental items all is owned. Refrigerators and stoves are included for the units. The rent is a gross rent, on a month to month tenancy. There is a paved parking area accommodating 9 vehicles.

Other Features

  • Centrally Located on main travel arteries & on Bus Route,
  • Close to amenities and steps to School of Pharmacy, Downtown, and Grand River Hospital
  • Appliances included
  • Paved Parking for 9 vehicles
  • Fully Rented – no Leases
  • Furnace 2006
  • Upgrades – Plumbing & Electric
  • Net potential income NOI of $28,815 per year

Schools

Public:
K – 6, King Edward Public School
7-8, Margaret Ave. Public School
9-12, KCI (Kitchener Waterloo C.I.)

Separate:

JK – 8, St. Teresa
9-12, St. David’s Catholic S.S.

Please confirm with school boards at: https://www.wects.ca
PSB & SSP [boundaries] (519) 650-4934

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