Cash-flowing four-unit property at 287 Blucher Blvd generating $78,600 in annual rental income with an estimated NOI of $68,613 and ~7.6% cap rate at $900,000. Based on today’s ~3.5% financing, the property projects approximately $2,400+ monthly positive cashflow after debt service. Diverse unit mix supports stable tenancy, making this an ideal turnkey investment for investors seeking immediate income and long-term appreciation in Kitchener. (id:38551)
under 1/2 acre
Above Grade: 5 Below Grade: 2
7second level
Measurements not availablesecond level
16'8'' x 1'5''second level
9'2'' x 11'3''second level
15'8'' x 11'4''basement
9'3'' x 8'7''basement
9'8'' x 8'10''main level
Measurements not availablemain level
9'2'' x 1'3''main level
16'8'' x 10'11''main level
11'7'' x 11'4''main level
15'6'' x 10'4''main level
10'8'' x 11'3''main level
14'4'' x 11'4''main level
18'11'' x 11'4''