THIS MULTI FAMILY INVESTMENT HAS EVERYTHING YOU ARE LOOKING FOR... VACANCIES AND A VENDOR TAKE BACK 1ST MORTGAGE! SOLID, CONCRETE 14 SUITE APARTMENT BUILDING ON THREE LEVELS, BACKING ONTO ELMSDALE PARK. NO BASEMENT APARTMENTS. LARGE SUITES - COMPRISED OF 8 X 2 BEDROOMS, 5 X 1 B, AND A VERY LARGE 3 BEDROOM UNIT WITH TWO BATHROOMS. GAS BOILER HEAT, ONE HYDRO METER. FOUR VACANCIES AT CLOSING, ALLOWING THE PURCHASER TO RENOVATE IF THEY DESIRE, ACHIEVE MARKET RENTS AND CHOOSE THEIR OWN TENANTS. THE SELLER IS WILLING TO HOLD A VENDOR TAKE BACK MORTGAGE OF 75% OF THE PURCHASE PRICE, AT 5% INTEREST ONLY PAYMENTS FOR 5 YEARS. PLEASE REACH OUT TO LISTING REALTOR FOR FINANCIAL DETAILS. (id:40058)
MLS® Number | 40506851 |
Property Type | Multi-family |
Parking Space Total | 18 |
Bathroom Total | 2 |
Bedrooms Total | 3 |
Basement Development | Partially Finished |
Basement Type | Partial (partially Finished) |
Cooling Type | None |
Exterior Finish | Brick |
Foundation Type | Block |
Heating Fuel | Natural Gas |
Stories Total | 3 |
Size Interior | 15000 |
Acreage | No |
Sewer | Municipal Sewage System |
Size Frontage | 70 Ft |
Size Total Text | Under 1/2 Acre |
Zoning Description | R5 |
https://www.realtor.ca/real-estate/26228260/22-bonfield-place-kitchener
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