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:4069)
Address
287 BLUCHER Road
List Price
$900,000
Property Type
Single Family
Type of Dwelling
House
Transaction Type
Sale
Area
Ontario
Sub-Area
Kitchener
Bedrooms
7
Bathrooms
2
Floor Area
2,417 Sq. Ft.
MLS® Number
40806439
Listing Brokerage
EXP REALTY
Basement Area
Full (Finished)
Postal Code
N2H5V8
Zoning
RES-4
Site Influences
Park, Place of Worship, Public Transit, Schools
Features
In-Law Suite
