6
Bedrooms
2
Bathrooms
1,500 sqft
Living Area
3
Parking
About This Property
This 6-bedroom, 2-bathroom single family in Kingston offers 1,500 sqft of living area. 1 storey. The property has lot dimensions of 33 x 112 FT, cross street Concession St & MacDonnell St. The home features baseboard heaters, electric heating, a apartment in basement, separate entrance basement. Highlights include a 1-car garage.
MLS Remarks
All brick legal duplex with amazing income potential in the highly desirable Kingscourt area. Upper level includes 3 spacious bedrooms and 1 full bathroom, with a large living/dining room, separate eat-in kitchen with breakfast area and potential for ensuite laundry. Lower level includes a second self-contained unit with 3 spacious bedrooms and 1 full bathroom, with living room and ensuite laundry room and 2 separate entrances. Large backyard in the rear with a detached single car garage as well as a parking pad in the front for 2 additional cars. Upper level unit currently vacant. Current income from the lower level unit only is $22k+, potential income $55k+ with positive cash flow OR $64k+ as a student rental with over 9% cap rate! Property needs work but a great investment opportunity with excellent value add potential! (id:60351)
Inclusions
2 hot water tanks, all electrical light fixtures, upper level-fridge and stove; lower level-fridge, stove, washer and dryer, 2x 100amp electrical panels.
Property History
MLS# X12639710| Date | Event | MLS# | Price | Change |
|---|---|---|---|---|
| Oct 23, 2024 | Listed For Sale | X12639710 | $495,000 | — |
MLS data tracked by our system. Earlier records or land registry transfers may not be shown.
Overview
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