32 Simeon ST Active Save Request In-Person Tour Request Virtual Tour
Kitchener,ON N2H 1S1
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID X9391148
Style 2 1/2 Storey
Bedrooms 5
Annual Tax Amount $5,006
Tax Year 2023
Property Description
This property is perfect for Investors/buyers who appreciate distinguished homes and seek supplementary rental income or investment opportunities. Classic charm meets modern potential in this turn-key cash flow property, located in a prime downtown neighborhood. With a legal duplex and a basement in-law suite featuring a separate exit, this property offers versatile living arrangements. Plus, enjoy the convenience of three dedicated parking spaces in the back. This property boasts an impressive rental income of $4,550.00 per month, with a breakdown of $2,100.00 for the 3-bedroom unit, $1,900.00 for the 2-bedroom unit, and $550 for the in-law suite in basement. Tenants cover hydro costs, and the high-efficiency hot water boiler helps keep heating expenses low. All rental units are currently on a month-to-month basis, offering flexibility for new ownership. Financials are available upon request, and you'll find clean, low-maintenance units. Don't miss out on this unique opportunity!
Location
Province ON
County Waterloo
Area Waterloo
Rooms
Family Room Yes
Basement Finished,Separate Entrance
Kitchen 3
Separate Den/Office 1
Interior
Interior Features Separate Hydro Meter
Cooling Window Unit(s)
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Garage Spaces 3.0
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 3
Building
Unit Features Library,Park,Place Of Worship,Public Transit,School,School Bus Route
Foundation Concrete Block