Excellent Investment Opportunity! This triplex includes three spacious and bright units - all with 2-bedrooms and 1 full bathroom, updated flooring throughout and laundry in each unit. Other updates include a new asphalt roof in 2021, newer hot water heaters and windows. The double driveway offers parking for 4 cars, along with an attached garage with parking for one. Fully rented out at $4,856 per month (tenants pay for hydro) or an annual gross income of $58,272, with potential for additional and improved income. Centrally located on Princess Street, only steps to local transit and minutes from downtown Kingston, St. Lawrence College, Queens University and also shopping, restaurants and businesses in the west end.
MLS# | 40660533 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1955 |
Days On Site | 26 |
Listing Provided By | Royal LePage ProAlliance Realty, Brokerage | Adam Koven |
Bed(s) | 6 |
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Bath(s) | 1 |
SQ Feet | 1,516 |
Garage | 1 |
Basement | Y |
Story(s) | 2 |
Units | 3 |
Zoning | CA |
Acreage | 0.24 |
Province | ON |
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County | Frontenac |
City | Kingston |
Postal Code | K7M 3E2 |
Area | Kingston |
Subarea | 25 West of Sir John A. Blvd |
Community Name | 25 West of Sir John A. Blvd |
Listing VS Median (in 25 West of Sir John A. Blvd) | |
Price: $880,000 low | high Med: $536,950 SqFt: 1,516 low | high Med: 1,315 $ / SqFt: $580 low | high Med: $444 On Site: 26 low | high Med: 22.500000 |