Recently updated duplex ideally located just steps from the downtown core and within easy walking distance to Queen's campus.


Property

Website:https://www.nestseekers.com/5573974
Address:
Kingston K7K 3T4
Canada
Ownership: For Sale
Type: Duplex
Bedrooms: 8 BR
Bathrooms: 4

Financials

Price:C1,099,000
($778,100)
(€678,300)
Annual Taxes:C5,731.41

Description

Recently updated duplex ideally located just steps from the downtown core and within easy walking distance to Queen's campus. Each spacious unit features large principal rooms, four bedrooms, and in-suite laundry, making this property highly attractive to tenants.This well-maintained building offers parking for three vehicles and currently generates $78,000 in annual gross income with tenants paying for utilities. An additional upside potential through monetizing the parking spaces. New leases are in place until end of April 2027 providing stable income and a truly turn-key opportunity for investors seeking immediate cash flow.The current owners have enjoyed zero vacancy throughout their ownership, underscoring the property's strong rental appeal and desirable location. New roof 2024.

Amenities

  • Water Heater Owned

Contact

Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario
Phone: