Legal non-conforming triplex in a prime location perfect for capturing top market rents. Each unit has in-suite laundry and dedicated parking, making it easy to rent and manage. The building is in excellent condition with numerous recent upgrades including plumbing, electrical, furnace, roof, windows, soffits, and eaves. Featuring high ceilings and exposed brick, all units show beautifully. The property includes two 1-bedroom units and one 2-bedroomunit. Unit #1 (1 bed) rents for $1,850/month, Unit #3 (1 bed) rents for $1,600/month, and Unit#2 (2 bed) rents for $1900/month. Total gross income is $64,200/year, with estimated annual expenses of $12,440, for a NOI of$51,760. A well-maintained, cash-flowing investment with wonderful tenants and strong rental appeal. Call, text, or email to book your showing. |
Price | $799,900 |
Taxes: | $4568.02 |
Tax Type: | Annual |
Occupancy: | Tenant |
Address: | 341 DIVISION Stre , Kingston, K7K 4A2, Frontenac |
Postal Code: | K7K 4A2 |
Province/State: | Frontenac |
Legal Description: | PT LT 14 SW/S CHESTNUT ST, 15 SW/S CHEST |
Directions/Cross Streets: | Division between Pine and Quebec |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Category: | Apartment |
Use: | Apts - 2 To 5 Units |
Building Percentage: | T |
Total Area: | 248.00 |
Total Area Code: | Square Meters |
Washrooms: | 0 |
Heat Type: | Gas Forced Air Open |
Central Air Conditioning: | No |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX RISE EXECUTIVES, BROKERAGE |
|
Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Frontenac |
Municipality: | Kingston |
Neighbourhood: | 22 - East of Sir John A. Blvd |
Tax: | $4,568.02 |
Fireplace: | N |