$2,050,000 FOR SALE

Duplex

Bedrooms: 12Bathrooms: 4Lot: 28 x 165 ft

187 Alfred Street
Kingston, ON K7L 3R8

Welcome to this exceptionally maintained legal duplex steps to Queens main campus and the waterfront. Offering a total of 12 bedrooms, it is a prime student rental investment opportunity with an annual income of $129,456. Unit 187A is leased at $5,562/mth+ utilities, and 187B leased at $5,226/mth+ utilities (tenants leaving April 30th, 2025). This spacious two storey unit is complete with 6 oversized bedrooms, 2 full bathrooms, a bright open concept kitchen/living/dining area, and convenience of second storey laundry. Many upgrades throughout including new metal roof (2021), flooring (2024). Four parking spots are located at the rear of the property for convenience and future income generation. The garage at the rear of the property offers extra storage space and is a valuable amenity for tenants and owner/maintenance storage. Don't miss out on this opportunity to own a well-maintained, income-generating property. 24hours notice needed for all showings. (id:47423)

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Listed By eXp Realty, Brokerage
Data Provided By Kingston & Area Real Estate Association
MLS® Listing Number 40651264
Last Updated Sep 24, 2024
Property Summary
Property Type Duplex

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Price History
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Detailed Information
Bedrooms 12
Bathrooms 4
Lot 28 x 165 ft
Amenities Nearby Hospital
Equipment Water Heater
Listing Contract Date 2024-09-23
Location Description Johnson St to Alfred St (Between Johnson and Earl)
Ownership Type Freehold
# of Parking Spaces 4
Property Type Multi-family
Rental Equipment Water Heater
Transaction Type For sale
Zoning Description URM4
Building
Basement Development Unfinished
Basement Type Crawl space (Unfinished)
Cooling Type None
Exterior Finish Vinyl siding
Heating Type Baseboard heaters
Stories Total 2
Type Duplex
Utility Water Municipal water
Parking Spaces
Name Spaces
Detached Garage
Land
Total Size under 1/2 acre
Amenities Hospital
Sewer Municipal sewage system

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