161 David Street, Kitchener, Ontario

About 161 David Street

Turnkey income property in one of Kitchener's most sought-after neighbourhoods. This fully renovated legal fourplex at 159-161 David Street sits steps from Victoria Park and generates $98,400 in gross annual income with an NOI of $83,900 - all at market rents with confirmed tenancy. Every detail has been executed to the highest standard: custom oak cabinetry, quartz countertops, gold hardware, frameless glass showers, and designer Hardwood flooring throughout. Each of the four self-contained units features its own heat pump, in-suite laundry, and private outdoor space. Separate hydro meters, new plumbing, new electrical, and new windows and doors throughout mean zero deferred maintenance and minimal landlord exposure. The unit mix - a 3-bed, a 2-bed, and two 1-beds - offers excellent tenant diversity and rental resilience. The building retains its handsome historic brick character while delivering a fully modern interior experience. An exceptionally rare opportunity to acquire a performing, pride-of-ownership asset in a neighbourhood where quality properties almost never come available. (id:6289)

More Info on this Fourplex MLS® listing

161 David Street is a fourplex listing for sale in Kitchener. The MLS® number is X14163978. It features 7 bedrooms, 4 bathrooms. It's currently listed for $1,600,000. For more details on MLS® X14163978, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This fourplex listing in Kitchener is available now!

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