Exceptional investment opportunity with this 5-unit apartment building in a prime Kingston location, just minutes from Queen's University and the downtown core. Each unit features 2 bedrooms and 1 bathroom, with ample on-site surface parking for tenants. The property offers an estimated 36%+ upside in NOI through tenant turnover, along with additional value-add potential by converting the existing storage/laundry room into a sixth residential unit (subject to all required approvals). (id:67947)
| MLS® Number | X13656320 |
| Property Type | Multi-family |
| Community Name | 18 - Central City West |
| Parking Space Total | 10 |
| Bathroom Total | 5 |
| Bedrooms Above Ground | 10 |
| Bedrooms Total | 10 |
| Age | 31 To 50 Years |
| Amenities | Separate Electricity Meters |
| Appliances | Water Heater - Tankless, Water Heater |
| Basement Features | Apartment In Basement |
| Basement Type | N/a |
| Cooling Type | None |
| Exterior Finish | Brick |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Stories Total | 2 |
| Size Interior | 2,500 - 3,000 Sqft |
| Type | Other |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 82 Ft |
| Size Frontage | 100 Ft |
| Size Irregular | 100 X 82 Ft |
| Size Total Text | 100 X 82 Ft|under 1/2 Acre |
| Zoning Description | A2 |
Interested in this property?
Nicolas SigounisREALTOR® · EXIT Realty Matrix, BrokerageBook a private showing or ask anything about this home. Nicolas will get back to you quickly.
Call or text 613.859.9331Book a showingEmail NicolasListing courtesy of Joel Malcolm, Axon Real Estate Brokerage Inc. · David Worsley, Axon Real Estate Brokerage Inc. · Jeff Podgorski, Royal LePage Real Estate Services Ltd.
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