1221 DOON VILLAGE Road , Kitchener

$679,900 / MLS® #:30719962

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Live Free in One Unit while paying the mortgage with the rental income of the other 3 units. Water and gas paid by the owner, tenants pay hydro. Property is designated under Part 5 of the Heritage Act. Doon Village Road 4-plex , beautiful older building with large lot attached. Building is fully rented, currently month to month and all long term tenants. Rents are; Unit 1 one bedroom $743 plus hydro ; Unit 2 three bedroom $809 plus hydro ; Unit 3 two bedroom $835 plus hydro ; Unit 4 three bedroom $1200 plus hydro. Total income projected for 2019 is $43,044.00. Separate hydro meters Septic tank replaced 2004. New roof 2017. Survey available outlining property is 3/4 of an acre in total. Property backs on to GRCA Wilfong Pond. (id:10452)

Property Details

Property Type Fourplex
Architectural Style 2 Level, Multi-Unit
Square Feet 3476 sqft
Maintenance N/A
Days On Our Website 92
Basement Unfinished - Full (Unfinished)
Lot Dimensions 1/2 - 1.99 acres
Pool N/A
Area Kitchener
Air Conditioning None
Heating Natural gas - Boiler
Exterior Brick
Parking Spaces 8
Parking Type No Garage
Sewers Septic System
Water Municipal water


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