432 BARRIE STREET, Kingston, Ontario K7K 3T9
$1,099,000.00
- 7 bedrooms
- 5 bathrooms
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 ... read more
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:25417)
- Listing ID: X13781810
- Property Type: Multi-family
| Property | |
|---|---|
| Lot Size: | 45.3 by 52.2 FT|under 1/2 Acre Landscaped |
| Parking: | No Garage 3 Spaces |
| Building | |
|---|---|
| Type: | Multi-family Other |
| Appliances: | Dryer, Refrigerator, Stove, Washer and Water Heater |
| HVAC: | Baseboard Heaters and Fireplace Electric |
| Exterior: | Vinyl Siding |
| Basement: | None |
| Utilities: | Sanitary Sewer |
| Location | |
|---|---|
| City: | Kingston |
| Province: | Ontario |
| Nearby Amenities: | Park, Public Transit and Schools |
| Community Features: | Community Centre |
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