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$1,888,000
Est. payment /mo
9 Beds
5 Baths
2,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $755
Subdivision 14 - Central City East
MLS® Listing ID X12339071
Bedrooms 9
Source Kingston & Area Real Estate Association
Property Description
EXCEPTIONAL OPPORTUNITY - complete renovation (new electrical, plumbing, mechanical; fully permitted/inspected). Turn-key 4-plex with 9 beds / 2 parking, a 2-minute walk to Queens University and Kingston General Hospital; steps to downtown. Current gross rent $11,860/month ($142,320/yr). All units have separate hydro meters; owner currently pays hydro and internet transfer on renewal for $4,600/yr NOI lift. Impeccably maintained, low-maintenance building with consistent demand from students, hospital staff, and professionals. Ideal for investors seeking stable cash flow with upside, or Queens parents wanting safe, modern housing now and a quality rental hold long-term. (id:24570)
Location
Province ON
Rooms
Kitchen 3.0
Extra Room 1 Second level 1.81 m X 2.79 m Bathroom
Extra Room 2 Second level 3.45 m X 3.8 m Laundry room
Extra Room 3 Second level 3.7 m X 2.17 m Other
Extra Room 4 Second level 2.55 m X 2.62 m Kitchen
Extra Room 5 Second level 3.58 m X 4.36 m Living room
Extra Room 6 Second level 1.59 m X 1.21 m Bathroom
Interior
Heating Baseboard heaters
Cooling Window air conditioner
Exterior
Parking Features No
View Y/N Yes
View Lake view
Total Parking Spaces 1
Private Pool No
Building
Story 3
Sewer Sanitary sewer
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Listed by RE/MAX RISE EXECUTIVES, BROKERAGE