Kitchener, ON N2H2V3 45 HOHNER Avenue

Presenting 45 Hohner Avenue in Kitchener's historic East Ward. Here is an opportunity to own a triplex for the price of a single family home in one of Kitchener's beloved neighbourhoods. If looking for a solid investment, tenants have long considered the East Ward to be a desired rental location for it's quiet streets, proximity to downtown Kitchener, and charming heritage. Refer to the listing supplements for Investment Analysis and projected 5.58% CAP Rate (two vacant units ready for market rents). Each unit at 45 Hohner has it's own laundry, and a considerable amount of space. The vacant mainfloor showcases some of the homes original trim and oak-strip hardwood flooring. The tenanted upper two bedroom unit, also includes a walkup finished attic for added living space. The vacant basement unit walks up to the backyard and could easily have space for a small BBQ on the back patio. Tenants have enjoyed having a common use backyard but there is also the potential for added parking in the rear of the property. For those considering 45 Hohner as their home, residents of the neighbourhood point to the community's much loved and well known art walks, summer porch party festivals and a close knit urban vibe. (id:7434)