Address: 24 CAIT Avenue, Kitchener FOR SALE Subdivision: 327 - Fairview/Kingsdale Postal Code: N2C1G4 Style: Bedrooms: 5 Bathrooms: 6 Lot Size: 76 ft x 132 ft Stories: 2
About 24 Cait Avenue
Turnkey Investment Opportunity! Well-Maintained 6-Plex Generating Over $83,000 in Annual Rental Income with a 4% CAP RATE! This multi-family property features six units, including five spacious 1-bedroom suites and one bachelor unit, offering strong tenant appeal and stable returns. The property provides eight dedicated parking spaces, on-site laundry, and individual storage lockers for tenant convenience. The tenants can enjoy a large, landscaped yard with a patio - ideal for outdoor relaxation and summer barbecues. Located just minutes from Fairview Park Mall, public transit including the ION LRT, and a full range of shops, restaurants, and amenities, this property is perfectly positioned for both tenant satisfaction and long-term value. (id:56071). Get more information on 24 Cait Avenue
Property Features
Features: Laundry- Coin operated Rental Equipment: Directions: Wilson Ave to Woodhaven Rd on Cait Ave Zoning Description: RES-5 Interior Size: 3220 sqft Community Features: High Traffic Area, School Bus Access: Highway access Lot: under 1/2 acre Exterior Finish: Brick Water: Municipal water, Municipal sewage system Heating / Cooling: Natural gas / None Age: 1963 Foundation: Poured Concrete Constructed Date: 1963 Basement: Full (Finished) Finished
Rooms & Sizes
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John DiRenzo
Sales Representative RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490
John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.
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