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$ 1,195,000
Est. payment | /mo
4 Beds
4 Baths
$ 1,195,000
Est. payment | /mo
4 Beds
4 Baths
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
MLS Listing ID X11825261
Style 2 1/2 Storey
Bedrooms 4
Annual Tax Amount $8,354
Tax Year 2024
Property Description
Don't miss this exceptional investment opportunity located at 231 Brock Street! This clean and tidy fourplex with four well-appointed one-bedroom apartments is well cared for and strategically located just a short walk from Queen's University, Hotel Dieu Hospital and KGH. The property's proximity to these institutions provides strong rental demand from a mature student population, making it a secure investment with consistent cash flow. Additionally, its proximity to Downtown Kingston's vibrant amenities enhances its appeal, attracting tenants who value both convenience and lifestyle. This property is not just a real estate investment; it's a gateway to tapping into Kingston's thriving student rental market and experiencing steady, long-term returns. At the rear of the property is parking for 8 vehicles (parked 4 x 2 in tandem) which has been consistently rented to Hotel Dieu Hospital doctors and staff. Building area stated includes interior ground floor, second floor, and unfinished attic (excludes unfinished basement). The neighbouring property known as 233 Brock Street is also available and listed for sale.
Location
Province ON
County Frontenac
Community Central City East
Area Frontenac
Zoning DT1-L448
Region Central City East
City Region Central City East
Rooms
Family Room No
Basement Unfinished
Kitchen 4
Interior
Interior Features Separate Hydro Meter
Cooling Central Air
Exterior
Parking Features Right Of Way, Tandem
Garage Spaces 8.0
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 8
Building
Foundation Stone
Listed by ROCKWELL COMMERCIAL REAL ESTATE, BROKERAGE
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