Kitchener, ON N2M3Y9 281 LORNE AVENUE

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Presented By: RIGHT AT HOME REALTY
  • MLS# X11907415
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  • Beds • 7
  • Baths • 6
  • SQFT • 3,500

Home Details

Charming Sixplex Investment Opportunity in Forest Hill, Kitchener This well-maintained sixplex offers a fantastic income-generating opportunity for investors, located in the desirable Forest Hill neighborhood of Kitchener. The property features five 1-bedroom units and one 2-bedroom unit, making it perfect for singles, couples, or small families. Recent upgrades have enhanced both the interior and exterior of the property. The front and rear entrances have been updated with new flooring, freshly painted entryways, and a refreshed exterior to boost curb appeal and provide a welcoming experience for tenants. Units 1 and 2 have undergone modern renovations to attract high-quality tenants. The property is fully equipped with an up-to-date fire alarm and extinguisher system, ensuring safety and compliance with industry standards. Additional Income Potential: A unique opportunity exists for the buyer to further increase income by extending the existing building with the addition of a small house or triplex. Buyer to conduct due diligence before proceeding. With stable income, recent improvements, and significant growth potential, this sixplex is a strong investment opportunity for those looking to add value to their portfolio. Dont miss out schedule your showing today! (id:7434)
Presented By: RIGHT AT HOME REALTY

Interior Features for 281 LORNE AVENUE

Other Interior Features

Building Fireplace PresentFalse
Building Heating FuelNatural gas
Building Heating TypeRadiant heat

General for 281 LORNE AVENUE

AmenitiesPublic Transit, Park, Schools
Building Age51 to 99 years
Building AppliancesWater softener, Water Heater, Stove, Refrigerator
Building TypeOther
Building.StoriesTotal3
Foundation TypePoured Concrete
Location DescriptionHOMER WATSON BLVD RIGHT ON HOFFMAN ST, LEFT ON KEHL ST, LEFT ON HEIMAN ST, RIGHT ON LORNE AVE
Parking Space Total7
Property TypeMulti-family
Zoning DescriptionR2

Exterior for 281 LORNE AVENUE

Exterior FinishBrick, Vinyl siding
Land Amenities Public Transit, Park, Schools
SewerSanitary sewer

Additional Details

Raj Jhajj

Fraser Valley Real Estate Agent
Price $1,499,900
MLS#X11907415
Property Type Multi-Family
Get pre-approved
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