Don’t miss this opportunity to expand your portfolio! Incredible 5-unit semi-detached building, steps from historic downtown Kingston. Includes two 3-bedroom, two 2-bedroom and one 1-bedroom units - all carpet free, spacious and airy - with a large parking lot for your tenants located behind the building. Updates include newer flooring in all apartments, some windows replaced, and a new roof installed in 2018. This building is turnkey and provides a healthy return, renting at $7800.00 per month (tenants pay for hydro) and a gross annual net income of $93,600.
Mls | 40660528 |
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Listing Type | For Sale |
Style | Attachd |
Subtype | Resale |
Status | Active |
Days On Site | 56 |
Listing Provided By | Royal LePage ProAlliance Realty, Brokerage | Adam Koven |
Beds | 11 |
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Baths | 5 |
Sq Feet | 2,396 |
Basement | Y |
Storys | 2 |
Units | 5 |
Zoning | B1.207 |
Acreage | 0.12 |
Water Front | Yes |
State | ON |
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County | Frontenac |
City | Kingston |
Zip Code | K7K 3A7 |
Area | Kingston |
Subarea | 22 East of Sir John A. Blvd |
Community Name | 22 East of Sir John A. Blvd |
Listing VS Median (in 22 East of Sir John A. Blvd) | |
Price: $1,200,000 low | high Med: $679,945 SqFt: 2,396 low | high Med: 1,126 $ / SqFt: $501 low | high Med: $899 On Site: 56 low | high Med: 129.000000 |