31 Bingeman Street, Kitchener ON

About 31 Bingeman Street

Looking for a mortgage helper, turnkey income property, long-term investment, development opportunity or triple garage right in the heart of Kitchener? Then 31 Bingeman is worth exploring! This well-maintained triplex offers three large, bright and spacious units with attractive layouts that appeal to both owners and tenants alike. Live in one unit - offset the mortgage with the other 2! Each unit is separately metered for hydro, plus huge detached garage with hydro too- great for workshop, extra vehicles, additional rental income, hobby space, potential storage, etc - so many possibilities! In addition to a great house-hack opportunity, savvy investors will love this for a stable multi-residential property in a growing market. Situated on a large 8,999 sq ft lot, the property offers tons of parking, and long-term upside as the city continues to grow. For those seeking larger development potential and income - let your imagination fly! The generous lot size also presents potential future opportunities such accessory dwelling unit/sever and multiplex/ further residential development etc. Located close to transit, shopping, restaurants, key amenities. Just around the corner from Centre in the Square and Kitchener public Library, quick walk to LRT City Hall Station and Brubacher Green Park. This versatile property offers good current income with exciting future potential. Must see! (id:56071). Get more information on 31 Bingeman Street

Property Features

Appliances:  Water meter
Rental Equipment:  
Directions:  Cross Streets: Lancaster St and Bingeman. ** Directions: Lancaster St to Bingeman.
Interior Size:  2500 - 3000 sqft
Lot:  66 x 136 FT 66 x 136 FT
Exterior Finish:  Brick, Aluminum siding
Water:  Municipal water, Sanitary sewer
Heating / Cooling:   Natural gas, Other / Central air conditioning
Age: 100+ years
Foundation: Block
Basement:  N/A (Partially finished) Partially finished

Rooms & Sizes