72 FLORENCE AVENUE

$799,300

72 FLORENCE AVENUE

Kitchener, ON

Type
Multi-family
Status
Active
Bedrooms
8
Bathrooms
4
MLS®
X13423352

About this property

Legal Duplex + In-Law Suite | High Upside Investment Opportunity Exceptional income property offering a legal duplex with an in-law suite, ideal for investors or multi-generational living. Currently generating strong rental income with three self-contained units, this property also features significant future development potential. The property includes. Spacious 5-bedroom, 2-washroom unit3-bedroom, 1-washroom unit Studio unit Additional highlights include a large 300 sq. ft. insulated and heated garage with separate access-perfect for storage or a home-based business-along with three driveways accommodating up to 14 vehicles, a rare find. Located just minutes from **Highway 8 and approximately 5 minutes to **Highway 401, this property offers excellent connectivity and is close to major shopping centers, amenities, and transit .Future potential includes a partially renovated basement with the possibility of a 3-bedroom, 2-washroom unit with separate entrance, as well as an unfinished second floor offering additional development opportunities. A rare opportunity combining current income, strong cash flow, and long-term upside in a high-demand Kitchener location. (id:66946)

Features

brickvinyl sidingattached garagegarage

Listing courtesy of RE/MAX REALTY SERVICES INC.. Data provided by the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed.