3 Bedroom
2 Bathroom
1,882 sqft
None
Forced Air
$500,000
INVESTORS, DEVELOPERS & VISIONARIES ! THIS ONE DESERVES YOUR ATTENTION! Here is an opportunity to acquire a MU3-ZONED, legally registered duplex in a high-traffic, HIGHLY VISIBLE location with tremendous potential for the right investor. The interior is in need of a significant overhaul, making this an ideal project for an investor or renovator looking to put their own stamp on a property and unlock its full potential. The real opportunity lies in the combination of MU3 zoning, legal duplex status, two separate units, and an exceptionally prominent location. With the right renovation strategy, this property could be transformed into a standout income-producing asset in a location where visibility and accessibility are major advantages. Whether you're looking to renovate and hold, maximize rental income, create a strong long-term investment, or explore the possibilities offered by the zoning, this property offers a compelling canvas for your vision. Properties with this combination of zoning, exposure, and existing legal duplex configuration are not everyday opportunities. The work is real, but so is the potential. Bring your plans. Bring your contractor. Bring your vision. This could be the value-add investment you've been waiting for. (id:50787)
Property Details
|
MLS® Number
|
40861175 |
|
Property Type
|
Multi-family |
|
Amenities Near By
|
Park, Public Transit, Shopping |
|
Community Features
|
High Traffic Area |
|
Equipment Type
|
Water Heater |
|
Features
|
Paved Driveway |
|
Parking Space Total
|
7 |
|
Rental Equipment Type
|
Water Heater |
|
Structure
|
Workshop, Porch |
Building
|
Bathroom Total
|
2 |
|
Bedrooms Total
|
3 |
|
Basement Development
|
Unfinished |
|
Basement Type
|
Full (unfinished) |
|
Constructed Date
|
1903 |
|
Cooling Type
|
None |
|
Exterior Finish
|
Brick |
|
Foundation Type
|
Stone |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
1 |
|
Size Interior
|
1,882 Sqft |
|
Type
|
Duplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Access Type
|
Highway Access |
|
Acreage
|
No |
|
Land Amenities
|
Park, Public Transit, Shopping |
|
Sewer
|
Municipal Sewage System |
|
Size Depth
|
94 Ft |
|
Size Frontage
|
70 Ft |
|
Size Total Text
|
Under 1/2 Acre |
|
Zoning Description
|
Mu3 |
https://www.realtor.ca/real-estate/30248045/569-frederick-street-kitchener