$ 1,200,000
271-273 Rideau ST Kingston, ON K7K 3A7
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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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
State ON
County 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
Garage Private
Garage Spaces 4.0
Pool None
Waterfront No
Roof Type Asphalt Shingle
Parking Type None
Total Parking Spaces 4
Building
Unit Features Lake/Pond,Park,Public Transit
Foundation Block, Stone
Listed by ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE