442-444 Montreal Street Kingston, Ontario K7K 3H7
4 Bedroom
4 Bathroom
Forced Air
$550,000
Approx. going-in cap rate of 6.2% @ $137k/unit. 4x 1-bedroom units, approx. 700 sqft each. An add-value investors ideal next project. Approx. 31% lift on overall rent roll once stabilized. Hydro is separately metered; however, the landlord currently pays - opportunity to pass this expense to tenants in the future to decrease overall expenses and increase NOI. Steel Roof (2014) , Furnace (2021). 3 Parking spots. (id:27910)
Property Details
MLS® Number | X9005214 |
Property Type | Single Family |
Parking Space Total | 3 |
Building
Bathroom Total | 4 |
Bedrooms Above Ground | 4 |
Bedrooms Total | 4 |
Appliances | Refrigerator, Stove, Two Stoves |
Basement Type | Crawl Space |
Exterior Finish | Concrete, Wood |
Foundation Type | Concrete |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Stories Total | 2 |
Type | Fourplex |
Utility Water | Municipal Water |
Land
Acreage | No |
Sewer | Sanitary Sewer |
Size Irregular | 56.08 X 105.04 Ft |
Size Total Text | 56.08 X 105.04 Ft |