Prime investment opportunity with this very well maintained 16-unit apartment building, ideally situated on a 0.436-acre lot in a peaceful residential neighborhood. This purpose-built complex features a diverse unit mix, including three spacious 3-bedroom/1-bath units, twelve 2-bedroom/1-bath units, and one 1-bedroom/1-bath unit. The property presents substantial potential for revenue growth. Investors can capitalize on additional income streams through the introduction of parking fees, utility recapture, and rent increases upon unit turnover. Moreover, building permits are pending to add four net new units by reconfiguring the lower levels three bed, one bed, laundry and storage room into eight one bed units, significantly boosting rental income. Six of the units have already undergone complete renovations, featuring modern upgrades such as new flooring, kitchens, bathrooms, breaker panels, and the addition of dishwashers and in-suite laundry. (id:55598)
- MLS® 40640163
- Date Listed09/05/2024
- Days on Realty 75 Days
- Bedrooms 29
- Bathrooms 18 baths
- Lot Size -
- Sewer Public Sewer
- Property Type Other
- Water Public
- Square Feet 11,309 sq. ft
- Price Per Sq. Ft $317.89
Interior Features
- Cooling None
- Heating Radiant Heat, Natural Gas
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Nearby Schools
Source: School Digger
Sales & Tax History
Source: Public Records
81/100
Very Walkable
Walk Score ®
61/100
Good Transit
Transit Score ®
87/100
Very Bikeable
Bike Score ®
Overview
Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.Transit Summary
16 nearby routes: 13 bus, 3 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 56/100, Transit Score: 46/100, Bike Score: 63/100.
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Frequently Asked Questions for 199 AHRENS Street W
Source: Realty.com
199 AHRENS Street W, Kitchener, ON N2H4E1 is a Other, Residential Income property listed for $3,595,000 The property is 11309 sq. ft with 29 bedrooms and 18 bathrooms
Realty.com has 19 photos of 199 AHRENS Street W.
The full address for this home is 199 AHRENS Street W, Kitchener, ON N2H4E1.
199 AHRENS Street W has been listed on Realty.com since Thu September 05, 2024
Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.
The average walkability score in the surrounding area is Walk Score: 56/100, Transit Score: 46/100, Bike Score: 63/100.
Listing provided courtesy of:
RE/MAX REAL ESTATE CENTRE INC.
(tel: (519) 741-0950)
Listing agent:
TERRY RIDDOCH
(tel: (519) 591-1725)
This content last refreshed on 2024-11-19 03:36:50. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 199 AHRENS Street W, Kitchener, ON N2H4E1 : MLS® 40640163