Excellent Investment Opportunity! This triplex includes three spacious and bright units – all with 2-bedrooms and 1 full bathroom, updated flooring throughout and laundry in each unit. Other updates include a new asphalt roof in 2021, newer hot water heaters and windows. The double driveway offers parking for 4 cars, along with an attached garage with parking for one. Fully rented out at $4,856 per month (tenants pay for hydro) or an annual gross income of $58,272, with potential for additional and improved income. Centrally located on Princess Street, only steps to local transit and minutes from downtown Kingston, St. Lawrence College, Queens University and also shopping, restaurants and businesses in the west end. (id:47423)
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Detailed Information
Bedrooms
6
Bathrooms
1
Lot
53 x 200 ft
Amenities Nearby
Park, Place of Worship, Public Transit, Schools, Shopping
Community Features
High Traffic Area
Features
Paved driveway
Listing Contract Date
2024-10-09
Location Description
Princess Street #1348 between Portsmouth Avenue and McMahon Avenue
Ownership Type
Freehold
# of Parking Spaces
5
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
CA
Building
Basement Development
Finished
Basement Type
Full (Finished)
Constructed Date
1955
Cooling Type
None
Exterior Finish
Vinyl siding
Foundation Type
Block
Heating Fuel
Electric
Heating Type
Baseboard heaters
Stories Total
2
Type
Triplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Attached Garage
Land
Total Size
0.241 acres
Access Type
Road access
Amenities
Park, Place of Worship, Public Transit, Schools, Shopping
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