271-273 Rideau Street Kingston, Ontario K7K 3A7
$1,200,000
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. (id:28469)
Property Details
| MLS® Number | 40660528 |
| Property Type | Multi-family |
| AmenitiesNearBy | Park, Public Transit, Shopping |
| Features | Paved Driveway |
| ParkingSpaceTotal | 4 |
| Structure | Porch |
Building
| BathroomTotal | 5 |
| BedroomsTotal | 11 |
| BasementDevelopment | Partially Finished |
| BasementType | Full (partially Finished) |
| CoolingType | None |
| ExteriorFinish | Aluminum Siding, Brick |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Radiant Heat |
| StoriesTotal | 2 |
| SizeInterior | 2933.88 Sqft |
| UtilityWater | Municipal Water |
Land
| AccessType | Road Access |
| Acreage | No |
| LandAmenities | Park, Public Transit, Shopping |
| Sewer | Municipal Sewage System |
| SizeDepth | 106 Ft |
| SizeFrontage | 46 Ft |
| SizeIrregular | 0.118 |
| SizeTotal | 0.118 Ac|under 1/2 Acre |
| SizeTotalText | 0.118 Ac|under 1/2 Acre |
| ZoningDescription | B1.207 |
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October 09 2024 06:27:44
Kingston & Area Real Estate Association
Royal LePage Proalliance Realty, Brokerage