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:15069)
| MLS® Number | 40806439 |
| Property Type | Single Family |
| Amenities Near By | Park, Place Of Worship, Public Transit, Schools |
| Community Features | High Traffic Area, Quiet Area |
| Features | In-law Suite |
| Parking Space Total | 6 |
| Bathroom Total | 2 |
| Bedrooms Above Ground | 5 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 7 |
| Appliances | Dryer, Refrigerator, Stove, Water Softener, Washer |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Exterior Finish | Brick, Vinyl Siding |
| Heating Fuel | Natural Gas |
| Size Interior | 2,417 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Park, Place Of Worship, Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Frontage | 40 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Res-4 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | 3pc Bathroom | Measurements not available | ||
| Second Level | Bedroom | 16'8'' x 1'5'' | ||
| Second Level | Bedroom | 9'2'' x 11'3'' | ||
| Second Level | Primary Bedroom | 15'8'' x 11'4'' | ||
| Basement | Bedroom | 9'3'' x 8'7'' | ||
| Basement | Bedroom | 9'8'' x 8'10'' | ||
| Main Level | 3pc Bathroom | Measurements not available | ||
| Main Level | Bedroom | 9'2'' x 1'3'' | ||
| Main Level | Bedroom | 16'8'' x 10'11'' | ||
| Main Level | Kitchen | 11'7'' x 11'4'' | ||
| Main Level | Living Room | 15'6'' x 10'4'' | ||
| Main Level | Kitchen | 10'8'' x 11'3'' | ||
| Main Level | Dining Room | 14'4'' x 11'4'' | ||
| Main Level | Living Room | 18'11'' x 11'4'' |
https://www.realtor.ca/real-estate/29386387/287-blucher-road-kitchener
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