271-273 RIDEAU STREET new Save Request In-Person Tour Request Virtual Tour
Kingston (east Of Sir John A. Blvd),ON K7K3A7
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $391
Subdivision 22 - East Of Sir John A. Blvd
MLS Listing ID X12146864
Bedrooms 11
Originating Board Kingston & Area Real Estate Association
Property Sub-Type Freehold
Property Description
Seize this rare chance to elevate your investment portfolio! This exceptional 5-unit semi-detached building is located just steps away from the vibrant historic downtown Kingston. This property boasts two spacious 3-bedroom units, two generous 2-bedroom units, and a cozy 1-bedroom unit all designed without carpets for a fresh and airy atmosphere. Enjoy the convenience of a large parking lot situated behind the building for your tenants. The property has seen numerous updates, including modern flooring throughout, select window replacements, and a brand-new roof installed in 2018. Its truly a turnkey investment, currently generating an impressive monthly rental income of $7,910.35 (with tenants covering their own hydro), resulting in a robust gross annual net income of $94,924.20. Conveniently located within walking distance of public transport, parks, schools, and just blocks away from all the shops, entertainment, and dining options that historic downtown Kingston has to offer, this is an opportunity you wont want to overlook! (id:24570)
Location
Province ON
Rooms
Kitchen 3.0
Extra Room 1 Second level 4.28 m X 3.67 m Living room
Extra Room 2 Second level 4.28 m X 3.67 m Kitchen
Extra Room 3 Second level 3.58 m X 3.67 m Bedroom
Extra Room 4 Second level 1.58 m X 2.09 m Bathroom
Extra Room 5 Second level 4.31 m X 3.67 m Primary Bedroom
Extra Room 6 Second level 1.65 m X 2.45 m Bathroom
Interior
Heating Hot water radiator heat
Exterior
Parking Features No
View Y/N Yes
View City view
Total Parking Spaces 4
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Others
Ownership Freehold
Virtual Tour https://youtu.be/MAVxKw1Tr88