14-20 BRUBACHER STREET|Kitchener, Ontario N2H2V9

MLS Number: X12318036

Property Details: • Type: Multi-family • Ownership Type: N/A • Bedrooms: 9 + 9 • Bathrooms: 14 • Building Type: Other • Building Size: N/A sqft • Building Storeys: N/A • Building Amenities: N/A • Floor Area: N/A • Land Size: N/A • Land Frontage: N/A • Parking Type: No Garage • Parking Spaces: N/A

Description: **CAP RATE 7.47% Very strong annual income $211,659, can be purchased with property management company in place. DUPLEX + 12-PLEX - ATTENTION INVESTORS! Unique real estate assembly on 14 Brubacher St. (Duplex) and 16-18-20 Brubacher St. consisting of 4 bachelor units, 6 one-bedroom units and 2 two bedroom units sold together. All tenants pay their own hydro with 14 separate hydro meters, newer furnaces, 1 shared washer and dryer at 12-plex and parking for 11 vehicles total. 3 hot water tanks 1 rented and 2 owned. Half of the units have seen upgrades in last couple of years. Ideally positioned in the heart of Kitchener's Central Frederick neighborhood. Located within walking distance of the LRT, & close to the University of Waterloos School of Pharmacy, this area is close to major employers such as Google & the Innovation Centre, & provides easy access to Toronto via the nearby GO Train. The neighborhood is bustling with cultural attractions including Centre in the Square, Kitchener Market, The Museum, Library, & dining options. Its a thriving hub of innovation/growth, further enhanced by Victoria Park & Kitchener Auditorium, adding to the area's appeal. 4 units are currently vacant and can be shown anytime. (40994445)

Agent Information: • Agents: Kyle Jansink • Contact: 519-771-9314 • Brokerage: RE/MAX TWIN CITY REALTY INC. • Website: http://www.remaxtwincity.com/

Time on Realtor: N/A