About This Property
This 10-bedroom, 5-bathroom multi-family in Kingston (Central City East) is available for your consideration. The home features baseboard heaters, electric heating, none, a finished, apartment in basement, n/a, n/a basement.
MLS Remarks
Outstanding triplex investment in Sydenham Ward! Discover an exceptional investment opportunity in the heart of Sydenham Ward with this remarkable all-brick triplex. The property features three well-designed, self-contained units: a lower-level 2-bedroom unit (leased $1,750/mth), a main-floor 3-bedroom unit (leased $2,700/mth), and a spacious top-floor 5-bedroom unit (leased $4,250/mth) - offering a prime opportunity to maximize rental income. Ideally located within walking distance to Queen's University, local hospitals, downtown shops and restaurants, and just three blocks from picturesque Lake Ontario, this triplex is perfectly positioned to attract quality tenants. Ample parking is available at the rear of the property via a right-of-way. This is a fantastic opportunity to enhance your investment portfolio or live in one unit while generating excellent income from the others. Total gross income $104,400; total expenses (including taxes) $25,640; total net income $78,760. Properties of this calibre and location are rarely available - schedule your private viewing today. (id:60351)
Overview
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MLS#: X12538822
Information is deemed reliable but not guaranteed. Data provided by the Canadian Real Estate Association (CREA) through the Data Distribution Facility (DDF). Listing data is updated regularly but may not reflect the most current information. All information should be independently verified.
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