717 KING STREET W, Kingston, Ontario K7M 2G3
$1,799,999.00
- 16 bedrooms
- 7 bathrooms
Calling All Investors! Fully Rented High-Cash-Flow Triplex on Oversized 75 x 164 Ft Lot Don't Miss This Rare opportunity to acquire a fully rented 3-unit income property offering a total of 16 bedrooms, 7 washrooms, and 3 kitchens, all with separate entrances! Delivering stable rental income. Unit 1 was renovated in 2021 and updated further in 2023 with a new kitchen. This unit features 8 bedrooms plus living room, full kitchen, laundry area, 4 washrooms, updated windows and doors, laminate flooring throughout, and a large concrete patio. The rear addition, built in 2014, consists of two units, the first featuring 6 bedrooms plus living room, kitchen, ... read more
Calling All Investors! Fully Rented High-Cash-Flow Triplex on Oversized 75 x 164 Ft Lot Don't Miss This Rare opportunity to acquire a fully rented 3-unit income property offering a total of 16 bedrooms, 7 washrooms, and 3 kitchens, all with separate entrances! Delivering stable rental income. Unit 1 was renovated in 2021 and updated further in 2023 with a new kitchen. This unit features 8 bedrooms plus living room, full kitchen, laundry area, 4 washrooms, updated windows and doors, laminate flooring throughout, and a large concrete patio. The rear addition, built in 2014, consists of two units, the first featuring 6 bedrooms plus living room, kitchen, 2 full washrooms with separate dry/wet areas, and a separate entrance, providing efficient unit layout and strong tenant demand. The basement unit includes 2 bedrooms, 1 washroom, and an open-concept kitchen and living area, further maximizing rental yield. All this just a a short walk to Queens University and St. Lawrence College, Waterfront trails , fast food options and transit at the door step! (id:25417)
- Listing ID: X13463654
- Property Type: Multi-family
| Property | |
|---|---|
| Lot Size: | 75 by 164 FT |
| Parking: | No Garage 10 Spaces |
| Building | |
|---|---|
| Type: | Multi-family Triplex |
| Appliances: | Dryer, Stove, Two Refrigerators, Washer and Dishwasher |
| HVAC: | Air Exchanger, Central Air Conditioning, Fireplace and Forced Air Natural Gas |
| Exterior: | Vinyl Siding |
| Basement: | N/A |
| Utilities: | Cable and Sanitary Sewer |
| Location | |
|---|---|
| City: | Kingston |
| Province: | Ontario |
| Nearby Amenities: | Hospital and Public Transit |
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