Address: 77 LANCASTER STREET W, Kitchener FOR SALE Postal Code: N2H4T3 Style: Type: Multi-family Other Bedrooms: 7 Bathrooms: 7 / 0 Bedrooms Aboveground: 7 Lot Size: 53 ft ,6 in x 160 ft Property Size: 53.57 x 160 FT Stories: 2
About 77 Lancaster Street W
An excellent opportunity to own a well-maintained 7-unit multi-residential property in the heart of Kitchener! Generating a gross annual income of $123,000, this investment offers strong cash flow with upside potential. The building consists of five one-bedroom units and two studio apartments, with five of the seven units already renovated, providing modern finishes and updated interiors. Well cared for over the years, this property is ideal for investors seeking a low-maintenance addition to their portfolio. Located in a high-demand rental area, the property is close to public transit, downtown Kitchener, parks, schools, and everyday amenities, making it an attractive option for tenants. With a solid rental history and potential for further value-add through renovations or additional storage, this is a turnkey investment with excellent long-term appreciation potential. With Kitcheners thriving rental market and strong demand for multi-family properties, this is a fantastic investment opportunity. (id:56071). Get more information on 77 Lancaster Street W
Property Features
Appliances: Dishwasher, Refrigerator, Stove Features: Carpet Free Rental Equipment: Directions: Lancaster/ Wellington Zoning Description: R6 Amenities: Separate Heating Controls Lot: 53.57 x 160 FT|under 1/2 acre 53.57 x 160 FT Exterior Finish: Vinyl siding Water: Municipal water, Sanitary sewer Heating / Cooling: Natural gas / Age: Foundation: Poured Concrete Basement: Full (Unfinished) Unfinished
Rooms & Sizes
Bathroom Second level 2 m x 2 m
Bedroom Second level 3.65 m x 2.9 m
Bedroom Second level 3.65 m x 2.9 m
Bathroom Second level 2 m x 2 m
Bedroom Lower level 3.65 m x 2.9 m
Bathroom Lower level 2 m x 2 m
Bathroom Main level 2 m x 2 m
Bedroom Main level 3.65 m x 2.9 m
Bedroom Main level 3.65 m x 2 m
Bedroom Main level 3.65 m x 2.9 m
Bathroom Main level 2 m x 2 m
Bathroom Main level 2 m x 2 m
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John DiRenzo
Sales Representative RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490
John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.
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FOR SALE
FOR SALE
FOR SALE
FOR SALE
FOR SALE