Legal non-conforming triplex in a prime location perfect for capturing top market rents. Each unit has in-suite laundry and dedicated parking, making it easy to rent and manage. The building is in excellent condition with numerous recent upgrades including plumbing, electrical, furnace, roof, windows, soffits, and eaves. Featuring high ceilings and exposed brick, all units show beautifully. The property includes two 1-bedroom units and one 2-bedroomunit. Unit #1 (1 bed) rents for $1,850/month, Unit #3 (1 bed) rents for $1,600/month, and Unit#2 (2 bed) will be vacant June 30, with market rent estimated at $2,000/month. Total potential gross income is $65,400/year, with estimated annual expenses of $12,440, for a projected NOI of$52,960. A well-maintained, cash-flowing investment with wonderful tenants and strong rental appeal. Call, text, or email to book your showing. |
Price | $799,900 |
Taxes: | $4568.02 |
Occupancy: | Tenant |
Address: | 341 DIVISION Stre , Kingston, K7K 4A2, Frontenac |
Acreage: | < .50 |
Directions/Cross Streets: | Division between Pine and Quebec |
Rooms: | 10 |
Bedrooms: | 4 |
Bedrooms +: | 0 |
Family Room: | F |
Basement: | Unfinished |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 3 | Main |
Washroom Type 2 | 3 | Second |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Total Area: | 0.00 |
Property Type: | Triplex |
Style: | 2-Storey |
Exterior: | Vinyl Siding, Brick |
Garage Type: | None |
(Parking/)Drive: | Available, |
Drive Parking Spaces: | 5 |
Park #1 | |
Parking Type: | Available, |
Park #2 | |
Parking Type: | Available |
Park #3 | |
Parking Type: | Private Do |
Pool: | None |
Approximatly Square Footage: | 1500-2000 |
CAC Included: | N |
Water Included: | N |
Cabel TV Included: | N |
Common Elements Included: | N |
Heat Included: | N |
Parking Included: | N |
Condo Tax Included: | N |
Building Insurance Included: | N |
Fireplace/Stove: | N |
Heat Type: | Forced Air |
Central Air Conditioning: | None |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Elevator Lift: | False |
Sewers: | Sewer |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX RISE EXECUTIVES, BROKERAGE |
|
Book Showing | Email a Friend |
Type: | Freehold - Triplex |
Area: | Frontenac |
Municipality: | Kingston |
Neighbourhood: | 22 - East of Sir John A. Blvd |
Style: | 2-Storey |
Tax: | $4,568.02 |
Beds: | 4 |
Baths: | 3 |
Fireplace: | N |
Pool: | None |