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Kingston,ON K7K 3Z7
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
MLS Listing ID X11436555
Style 2-Storey
Bedrooms 4
Annual Tax Amount $3,917
Tax Year 2024
Property Description
Great investment opportunity in Kingston's downtown core and close to Queen's University, sits this renovated 2 storey red brick duplex finished with the modern touch throughout. Both units are 2 bedrooms, with the main floor unit having laundry, and a rear door to the private courtyard like backyard with a stone patio and the detached single car garage accessed by shared lane. Both rented until the end of April 2025 with Unit 1 @ $2050/month and Unit 2 @ $2030 with all tenants splitting utilities. Vacant possession available for both units, but Unit 2 would like to stay and are great tenants. Perfect timing for a parent looking for a place with extra income, and netting $43,460 makes a great move for the investor with a cap rate just above 6%.
Location
Province ON
County Frontenac
Community East Of Sir John A. Blvd
Area Frontenac
Region East of Sir John A. Blvd
City Region East of Sir John A. Blvd
Rooms
Family Room No
Basement Partial Basement
Kitchen 2
Interior
Interior Features Primary Bedroom - Main Floor,Carpet Free,Accessory Apartment
Cooling None
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Patio,Privacy,Year Round Living
Parking Features Private,Right Of Way,Covered
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 1
Building
Unit Features Hospital,Public Transit,School
Foundation Stone,Concrete