432 Barrie Street, Kingston (East of Sir John A. Blvd), Ontario K7K3T9
Listing courtesy of CENTURY 21 HERITAGE GROUP LTD., BROKERAGE.
- $1,099,000
- 7
- BD
- 5
- BA
- List Price
- $1,099,000
- Status
- ACTIVE
- Days on Market
- 0
- MLS® #
- KingstonAreaRealEstateAssociation-X13781810
- Bedrooms
- 7
- Bathrooms
- 5
- Subdivision
- 22 - East of Sir John A. Blvd
- Neighborhood
- 22 - East of Sir John A. Blvd
- MLS Area Major
- 22 - East of Sir John A. Blvd
Property Description
TURNKEY 5-PLEX IN DOWNTOWN KINGSTON - CASH FLOW NOW, ROOM TO GROW. This is the perfect time to start or expand your investment portfolio in Kingston, Ontario, and 432 Barrie Street is the perfect property to do it. This solid 5-plex offers an in-demand mix of 4 x 1-bedroom units and one 3-bedroom unit. Tenants pay hydro (electric heat) and each unit is separately metered. On-site coin laundry and dedicated parking for 3 vehicles provide additional steady income each month. The building attracts quality tenants - young professionals and students - with turnover averaging around every 2 years. Units have been consistently updated. Bonus: with some units currently below market rents, there is a clear path to grow income as leases turnover. Location, stability, and upside, all in one address. Rent roll, expenses, and property updates available on request. Schedule your private showing today. (id:5764)
Additional Information
- Exterior Features
- Vinyl siding
- Taxes
- $6,061
- Community Features
- 22 - East of Sir John A. Blvd
- Appliances
- Washer, Refrigerator, Stove, Dryer, Water Heater
- Heating
- Baseboard heaters, Electric
- Air Conditioning
- None
- Stories
- 3
- Foundation
- Poured Concrete
- Parking Features
- No Garage
- View
- City view
