6 Bedrooms
3 Bathrooms
Downtown Kingston
Unit Breakdown
*Tenants responsible for all utility costs. Owner responsible for insurance and property taxes only.
Unit 1
1 Bed 1 Bath
Vacant, with potential to be rented for $1,999.00.
Unit 2
3 Bed 1 Bath
Occupied, Currently being rented for $2,499.00
Unit 3
2 Bed 1 Bath
Occupied, Currently being rented for $1,999.00
Income and Expenses
Income
Unit 1 (Potential)
$1,999.00
Unit 2
$2,499.00
Unit 3
$1,999.00
$2,048.99 (Potential)
NOI (Potential)
$59,612.33
Expenses
Maintenance
$3,928.19
Insurance
$2,600.00
Property Tax
$6,311.00
Managment
$5,326.62
About the Property
Located in the heart of Downtown Kingston, this 3-unit property offers investors a prime opportunity. The strategic location guarantees stable rental demand, ensuring consistent returns. With three distinct units, it presents multiple income avenues. Perfect for those aiming to diversify their portfolios, this property not only promises immediate revenue but also has potential for future expansion. In a sought-after area known for its vibrant rental market, this is a straightforward investment with substantial growth prospects. Don’t miss this efficient path to portfolio enhancement.
PROPERTY FEATURES
Prime Downtown Location
Multiple Income Streams
Ideal For Portfolio Expansion
Potential for Long Term Expansion
Stable Rental Demand
PROPERTY INFO
Beds 6
Bathrooms 3
Units 3
Year Built 1949
LOT INFORMATION
Listing Type Multi Unit
Lot 0.103 Acres
Heating Radiator
County Frontenac
More Information
Access In Depth Brochure
Discover all the details of this exciting investment opportunity with our comprehensive brochure. From detailed financials to property descriptions and location insights, our brochure has everything you need to make an informed decision. View it today and see why this property is a must-see for savvy investors.
*All information provided on this site and in the brochure is to be verified by the buyer.
Unit 1
Unit 2
Unit 3
MEET THE AGENT
Jordan McGregor
With over two decades in the real estate industry, I've dedicated my career to understanding and navigating the Kingston market. My name is Jordan McGregor, and I pride myself on my extensive knowledge in property investments. Throughout my time in Kingston, I've not only witnessed its incredible growth but have actively played a role in its real estate evolution. My commitment is to provide unparalleled expertise and insights, whether you're just starting out or are a seasoned investor. In Kingston's ever-changing property landscape, I'm here to guide you every step of the way.
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