$1,200,000 $6,442 forsale estimated payment Sourced by Back At You
271-273 Rideau Street , Kingston, ON K7K 3A7
Kingston, ON K7K 3A7
Description
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.
Details
| Mls | 40660528 |
|---|---|
| Listing Type | For Sale |
| Style | Attachd |
| Subtype | Resale |
| Status | Active |
| Days On Site | 55 |
| Listing Provided By | Royal LePage ProAlliance Realty, Brokerage | Adam Koven |
Features
| Beds | 11 |
|---|---|
| Baths | 5 |
| Sq Feet | 2,396 |
| Basement | Y |
| Storys | 2 |
| Units | 5 |
| Zoning | B1.207 |
| Acreage | 0.12 |
| Water Front | Yes |
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Learn More About This Property
| State | ON |
|---|---|
| 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: $699,900 SqFt: 2,396 low | high Med: 1,544 $ / SqFt: $501 low | high Med: $464 On Site: 55 low | high Med: 78 | |
Listing Updated: November 15, 2024 at 9:15:59 PM PST