5 Bedrooms
2 Bathrooms
Midtown
Unit Breakdown
*Tenants responsible for all utility costs. Owner responsible for insurance and property taxes only.
Unit 1
3 Bed 1 Bath
Occupied for $2499.00. Active lease until 2023-10-31
Unit 2
2 Bed 1 Bath
Vacant, previously rented for $2048.98.
Income and Expenses
Income
Unit 1
$2,499.00
Unit 2 (Potential)
$2,048.98
NOI (Potential)
$41,525.87
Expenses
Maintenance
$2,698.80
Insurance
$1,900.00
Property Tax
$3,652.00
Managment
$3,659.57
About the Property
Situated in the sought-after midtown Kingston, this duplex offers a compelling investment opportunity with 5 bedrooms and 2 bathrooms. Newly renovated and in excellent condition, the property promises minimal immediate maintenance needs. Its brick exterior adds a touch of elegance while ensuring durability. A spacious backyard presents potential for enhancements or leisure activities, enhancing the property's allure. With parking facilities for two vehicles, tenants will find convenience at their doorstep. Located within walking distance to shopping, groceries, and public transit, this property is strategically positioned for consistent rental demand. An ideal asset for those seeking a profitable real estate venture in a prime location.
PROPERTY FEATURES
Prime Central Location
Multiple Income Streams
Ideal For Portfolio Expansion
Potential for Long Term Expansion
Stable Rental Demand
PROPERTY INFO
Beds 5
Bathrooms 2
Units 2
Year Built 1955
LOT INFORMATION
Listing Type Duplex
Lot 0.1717401 Acres
County Frontenac
More Information
Access Financial Information
Discover all the details of this exciting investment opportunity. 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.
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.
