Welcome to 156 Mill Street, a fantastic investment opportunity in the heart of Kitchener! This legal triplex is ideally located with easy access to the scenic Iron Horse Trail, offering a peaceful setting while still being just minutes away from downtown Kitchener. The property is situated in a prime location with RES-4 zoning, which permits the development of up to 4 units, providing great potential for future growth. Currently set up as a triplex, the property features a spacious unfinished basement and a large yard, both of which present an exciting opportunity to add a fourth unit, increasing the property's rental income potential. Whether you're an investor looking to expand your portfolio or someone with a vision to create additional units, 156 Mill Street offers a unique opportunity to capitalize on the growing demand for rental properties in this vibrant area. Don’t miss out—schedule a viewing today and explore the possibilities! Unit#1 $2,000 ; Unit#2 $1,020 ; Unit#3 $1790 Inclusive of utilities, not separately metered. (id:58726)
MLS® Number | 40716167 |
Property Type | Multi-family |
AmenitiesNearBy | Public Transit |
ParkingSpaceTotal | 5 |
BedroomsTotal | 6 |
Appliances | Window Coverings |
BasementDevelopment | Partially Finished |
BasementType | Full (partially Finished) |
CoolingType | Wall Unit |
ExteriorFinish | Brick, Vinyl Siding |
FoundationType | Poured Concrete |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
StoriesTotal | 2 |
SizeInterior | 1800 Sqft |
Type | Triplex |
UtilityWater | Municipal Water |
Acreage | No |
LandAmenities | Public Transit |
Sewer | Municipal Sewage System |
SizeDepth | 293 Ft |
SizeFrontage | 43 Ft |
SizeTotalText | Under 1/2 Acre |
ZoningDescription | Res-4 |
https://www.realtor.ca/real-estate/28282405/156-mill-street-kitchener
Janelle Hale
Salesperson