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$ 1,200,000
Est. payment /mo
Active
271-273 Rideau ST Kingston, ON K7K 3A7
9 Beds
5 Baths
UPDATED:
11/04/2024 11:53 AM
Key Details
Property Type Single Family Home
Sub Type Semi-Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
MLS Listing ID X9389150
Style 2-Storey
Bedrooms 9
Annual Tax Amount $7,243
Tax Year 2024
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.
Location
Province ON
County Frontenac
Area Frontenac
Rooms
Family Room No
Basement Full
Kitchen 5
Separate Den/Office 2
Interior
Interior Features Separate Hydro Meter
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Garage Spaces 4.0
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 4
Building
Unit Features Lake/Pond,Park,Public Transit
Foundation Block, Stone
Listed by ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
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