153 Joseph ST new Save Request In-Person Tour Request Virtual Tour
Kitchener,ON N2G 1J5
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
MLS Listing ID X12486985
Style 3-Storey
Bedrooms 10
Annual Tax Amount $7,191
Tax Year 2025
Property Sub-Type Multiplex
Property Description
Investment opportunity strong rental demand area- 153 Joseph Street . This fantastic 6-plex is situated in a peaceful neighbourhood near downtown Kitchener. This property offers a great opportunity for investors. Legal 6 plex all separate entrances for each unit in 3 story building not purpose build. There are 4 - two bedroom, 2 - one bedroom. The property has been well maintained over the years and offers great potential for investors or owners who are looking to add value through updates. All major systems are in working order and inspected yearly. And the building includes a paid monitored fire alarm system connected directly to the local fire station for peace of mind. Coin operated washer and dryer. Each unit has separate hydrometer. Three units with private balcony, One heating system operated by Boiler uses gas. Hot water tank rental. Close to LRT local train and bus terminal. Close to Victoria Park and Kitchener downtown area such as City Hall, Manulife building, Grandriver Hospital. 3 of the units are vacant. One 2 bedroom on the 3rd floor requires a fire escape .One bedroom unit will be vacant upon closing. So only 2 units will be tenant occupied at closing. Basement area has a lot of storage space. Functioning mechanicals and utilities. Great long-term investment upside .The property has been meticulously maintained by the same owner for 22 years, offering peace of mind to potential buyers. One attached garage with 3 outside parking spaces. The property is sold as is.
Location
State ON
County Waterloo
Area Waterloo
Rooms
Family Room Yes
Basement Crawl Space
Kitchen 6
Interior
Interior Features None
Cooling None
Fireplace No
Heat Source Gas
Exterior
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 41.0
Lot Depth 92.0
Total Parking Spaces 3
Building
Foundation Concrete
Others
ParcelsYN Yes