129 Ellis Avenue , Kitchener

Bed / $599,900 / MLS® #:30690593

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Very well maintained duplex with two - 2 bedroom units and a 1 bedroom finished basement unit. Great investment opportunity with over $33,500 in gross income. Almost $100,000 in improvements in the last 5 years. Top Unit pays $1016.95, Middle Unit $1011.85 & bottom Unit $702.40. Rents are currently all-inclusive, however, there are 2 separate hydro meters. All Tenants have resided at the property for over 3 years. Live in one unit & collect rent from the other 2! Parking allows for 7+ vehicles. Very close to the new LRT. Extra income with coin operated laundry and the tankless hot water heater is a money saver. Fantastic location with only a 5 minute walk to Breithaupt Centre & close to Kitchener's downtown core with shopping, dining & festivals. Seller willing to hold Vendor Take Back Mortgage to qualified Buyer., Directions:HARTWOOD AVE, Exclusions:

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Property Details

Property Type Detached
Property Style 2 Storey
Square Feet 1501 to 2000
Property Tax $N/A
Maintenance N/A
Days On Our Website 21
Basement Fully Finished - Full
Kitchens
Garages
Pool None
Fireplaces
Air Conditioning Yes
Heating Gas - Forced Air
Exterior Brick
Garage Type None
Sewers Sewer (Municipal)
Water Municipal

Listing Office: RE/MAX REAL ESTATE CENTRE INC., BROKERAGE

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