Attention to investors who are looking for a Purpose-built triplex in the quiet Chicopee/Lackner Woods neighbourhood near all amenities !Very quiet mature neighbourhood and walking distance to parks. This building consists of: Two -2 bedrooms apartments and One-1 bedroom apartment. Separate hydro meters. This Purpose-built Triplex is a great way to reduce your monthly expenses with Owner Occupying one unit and leasing out the other two units or fully leasing the building for the ideal investment property. The current Owner occupies one of the two bedroom apartments and rents out the other two apartments. The financial upside is evident with current rents of $1,450 per month & $827 per month plus Hydro, showcasing significant potential for growth in rental income and market value. Additionally, the owner has had Blueprints completed for the ultimate Owner occupied investment property. These plans would include a 4 car garage with a 3 bedroom apartment in the rear of the property. Proforma attached to show the potential ! Please check out the RES-4 zoning with the City of Kitchener for a future of possibilities with this property. This property is a fantastic opportunity that investors should not pass up. Property being sold AS IS , WHERE IS' . (id:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Bedrooms
5
Bathrooms
3
Lot
53 x 150 ft
Amenities Nearby
Airport, Hospital, Park, Place of Worship, Public Transit, Shopping
Community Features
School Bus
Equipment
Water Heater
Listing Contract Date
2025-03-14
Location Description
GPS
Ownership Type
Freehold
# of Parking Spaces
10
Property Type
Multi-family
Rental Equipment
Water Heater
Transaction Type
For sale
Zoning Description
RES-4
Building
Basement Development
Finished
Basement Type
Full (Finished)
Constructed Date
1968
Exterior Finish
Brick
Foundation Type
Poured Concrete
Heating Fuel
Natural gas
Stories Total
3
Type
Triplex
Utility Water
Municipal water
Land
Total Size
under 1/2 acre
Access Type
Highway access
Amenities
Airport, Hospital, Park, Place of Worship, Public Transit, Shopping
Sewer
Municipal sewage system
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