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271-273 Rideau Street Kingston, Ontario K7K 3A7

11 Bedroom 5 Bathroom 2933.88 sqft
None Radiant Heat

$1,200,000

Don’t miss this opportunity to expand your portfolio! Incredible 5-unit semi-detached building, steps from historic downtown Kingston. Includes two 3-bedroom, two 2-bedroom and one 1-bedroom units – all carpet free, spacious and airy – with a large parking lot for your tenants located behind the building. Updates include newer flooring in all apartments, some windows replaced, and a new roof installed in 2018. This building is turnkey and provides a healthy return, renting at $7800.00 per month (tenants pay for hydro) and a gross annual net income of $93,600. (id:20907)

Property Details

MLS® Number 40660528
Property Type Multi-family
Amenities Near By Park, Public Transit, Shopping
Features Paved Driveway
Parking Space Total 4
Structure Porch

Building

Bathroom Total 5
Bedrooms Total 11
Basement Development Partially Finished
Basement Type Full (partially Finished)
Cooling Type None
Exterior Finish Aluminum Siding, Brick
Fireplace Present No
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Radiant Heat
Stories Total 2
Size Interior 2933.88 Sqft
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Land Amenities Park, Public Transit, Shopping
Sewer Municipal Sewage System
Size Depth 106 Ft
Size Frontage 46 Ft
Size Irregular 0.118
Size Total 0.118 Ac|under 1/2 Acre
Size Total Text 0.118 Ac|under 1/2 Acre
Zoning Description B1.207

https://www.realtor.ca/real-estate/27523030/271-273-rideau-street-kingston


Adam Koven
Broker

(613) 539-0000
https://www.adamkoven.com/
Royal LePage ProAlliance Realty, Brokerage
80 Queen St, Unit B
Kingston, Ontario K7K 6W7

(613) 544-4141
(613) 548-3830
https://discoverroyallepage.com/

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