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Kingston,ON K7K 4H4
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 22 - East Of Sir John A. Blvd
MLS Listing ID X12408588
Style 2-Storey
Bedrooms 6
Building Age 100+
Annual Tax Amount $4,934
Tax Year 2025
Property Sub-Type Duplex
Property Description
What a great income property to add to your portfolio, or an ideal place for a parent buyer, sitting just north of Princess Street is this detached 6 bedroom duplex. The main unit consists of 5 bedrooms on 2 floors with 2 full bathrooms, a living room and a huge eat-in kitchen with fresh flooring, and the 2nd upper unit is set up as a bachelor apartment. Laundry on site that both units can access and both units separately metered. With the total gross income of $65,220, it nets $58,219 which means a cap rate of over 7%! The roof was replaced in 2023, with a high efficiency gas furnace and vinyl windows throughout. Never a problem renting this great money maker. Leased until April 2026.
Location
Province ON
County Frontenac
Community 22 - East Of Sir John A. Blvd
Area Frontenac
Rooms
Family Room No
Basement Full,Unfinished
Kitchen 2
Separate Den/Office 1
Interior
Interior Features Separate Hydro Meter,Water Heater Owned
Cooling None
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Porch,Year Round Living
Parking Features Front Yard Parking
Pool None
View Park/Greenbelt
Roof Type Shingles
Lot Frontage 51.0
Lot Depth 70.32
Total Parking Spaces 2
Building
Unit Features Fenced Yard,Park,Public Transit
Foundation Concrete
Others
Security Features None