95 FRANKLIN STREET N

BRAND NEW PURPOSE BUILT FOUR-PLEX! NO RENT CONTROL HERE! CURRENTLY UNDER CONSTRUCTION with a 5.3% cap rate! 60 days possession available! This custom build four unit building offers its new owner years of carefree investing with a great return. You set the rents and pick your own hand picked quality tenants. Designed with the investor in mind this building features no interior hallways to maintain. In suite laundry rooms in all suites. Open concept modern layouts with custom kitchens with quartz counter tops. High quality hard surface flooring throughout. Separate HVAC systems in all units with all separate meters. Full unfinished basement with 2 separate doors gives this property even more additional potential to add another 2 units with City of Kitchener approval. Great Stanley park neighbourhood close to all amenities. This is a great opportunity for the savvy investor looking to add a quality income producing property to their investment portfolio. Full 7 year Tarion warranty!! A great turnkey opportunity! (id:67197)

Price

$1,549,900

Property Type

Multi-family

Transaction Type

For sale

Bedrooms

8

Bathrooms

6

Parking

6

MLS® Number

X13742632

Interior Size

3000 - 3500 sqft

Building Type

Fourplex

Bedrooms Above Grade

8

Bathrooms

6

Basement

N/A, N/A (Unfinished)

Basement Development

Unfinished

Cooling

Central air conditioning

Exterior Finish

Brick Veneer, Steel

Fireplace

No

Foundation

Poured Concrete

Heating Fuel

Natural gas

Heating

Heat Pump

Interior Size

3000 - 3500 sqft

Stories

2

Water

Municipal water

Size Frontage

55 ft

Size Depth

110 ft

Acreage

No

Sewer

Sanitary sewer

• Water Heater