271-273 RIDEAU STREET Active

Kingston,ON K7K3A7

$ 1200000

11 Beds

5 Baths

2499 SqFt


Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,499 sqft

Price per Sqft $480

MLS Listing ID X9389150

Bedrooms 11

Originating Board Kingston & Area Real Estate Association

Property Description

Don't miss this opportunity to expand your portfolio! Incredible 5-unit semi-detached building, steps from historic downtown Kingston. Includes two 3-bedroom, two 2-bedroom and one 1-bedroom units - all carpet free, spacious and airy - with a large parking lot for your tenants located behind the building. Updates include newer flooring in all apartments, some windows replaced, and a new roof installed in 2018. This building is turnkey and provides a healthy return, renting at $7800.00 per month (tenants pay for hydro) and a gross annual net income of $93,600. (id:24570)

Location

Province ON

Rooms

Extra Room 1 Second level 3.16 m X 2.62 m Bedroom

Extra Room 2 Second level 3.16 m X 2.56 m Bedroom

Extra Room 3 Second level 1.65 m X 2.45 m Bathroom

Extra Room 4 Second level 4.07 m X 3.57 m Bedroom

Extra Room 5 Basement 3.88 m X 5.08 m Living room

Extra Room 6 Basement 3.07 m X 1.67 m Kitchen

Interior

Heating Hot water radiator heat

Flooring Tile

Exterior

Garage No

Waterfront No

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

Ownership Freehold

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