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MLS®: X12146864 |
Status: For sale
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RE/MAX Finest Realty, Brokerage - Kingston
Randy Beck
Sales Representative
Email Me
Telephone:613.389.7777
Cellular:613.541.9221
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Location:
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271-273 RIDEAU STREET, Kingston (East of Sir John A. Blvd) Ontario, K7K3A7
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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:2471) |
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Property: |
| Type: Multi-family |
| Lot Dimensions: 46.1 x 106 FT | Acreage: 46.1 x 106 FT |
| View Type: City view |
| Sewer: Sanitary sewer | Water: Municipal water |
| Structures: Porch |
| Parking Type: No Garage |
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Structure: |
| Style: Other | Square Footage: 3000 - 3500 sqft |
| Bedrooms: 9+2 | Bathrooms: 5 |
| Heating: Hot water radiator heat |
| Heating Type: Natural gas |
| Exterior: Aluminum siding, Brick |
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Foundation Type: Block, Stone |
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Rooms: |
| Type |
Level |
Dimensions |
| Living room | Second level | 4.28 m x 3.67 m | | Kitchen | Second level | 4.28 m x 3.67 m | | Bedroom | Second level | 3.58 m x 3.67 m | | Bathroom | Second level | 1.58 m x 2.09 m | | Primary Bedroom | Second level | 4.31 m x 3.67 m | | Bathroom | Second level | 1.65 m x 2.45 m | | Bedroom | Second level | 3.16 m x 2.62 m | | Bedroom 2 | Second level | 3.16 m x 2.56 m | | Foyer | Main level | 1.85 m x 4.37 m | | Bedroom 2 | Main level | 4.69 m x 3.69 m | | Living room | Main level | 2.98 m x 5.32 m | | Bathroom | Main level | 1.15 m x 2.07 m | | Kitchen | Main level | 4.93 m x 4.5 m | | Kitchen | Main level | 4.22 m x 4.23 m | | Living room | Main level | 4.22 m x 3.07 m | | Bedroom | Main level | 4.3 m x 3.61 m | | Primary Bedroom | Other | 4.07 m x 3.57 m | |
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Features:
 | Level |
| Carpet Free |
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Listing Office: ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
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**Broker *Sales Representative
