14-20 Brubacher Street, Kitchener, Ontario

$1,999,900

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18

Beds

14

Baths

5,837

Square feet

About 14-20 Brubacher Street

**CAP RATE 6.83% Very strong annual income $196,059.00 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 Waterloo’s 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. It’s 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. (id:36535)

Features of 14-20 Brubacher Street

Listing # 40753487
Price $1,999,900
Bedrooms 18
Bathrooms 14.00
Square Footage 5,837
Acres 0.00
Type Multi-family
Sub-Type Freehold

Community Information

Address 14-20 Brubacher Street
Subdivision 212 - Downtown Kitchener/East Ward
City Kitchener
Province Ontario
Postal Code N2H2V9

Amenities

Amenities Park, Public Transit, Schools, Shopping
Parking Spaces 11
Is Waterfront No
Has Pool No

Interior

Heating Natural gas Forced air
Cooling None
Fireplace No
# of Stories 2
Has Basement Yes
Basement Type Full (Unfinished)
Basement Development Unfinished

Exterior

Exterior Brick

Listing Details

OfficeCourtesy Of Kyle Jansink Of Re/Max Twin City Realty Inc

Listing Map