271-273 Rideau Street new Save Request In-Person Tour Request Virtual Tour
Kingston,ON K7K 3A7
Key Details
Property Type Multi-Family
Sub Type Multi-5 Unit
Listing Status Active
Purchase Type For Sale
Square Footage 2,396 sqft
Price per Sqft $500
MLS Listing ID 40660528
Bedrooms 11
Abv Grd Liv Area 2,933
Originating Board Kingston
Annual Tax Amount $7,243
Lot Size 5,140 Sqft
Acres 0.118
Property Description
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.
Location
Province ON
County Frontenac
Area Kingston
Zoning B1.207
Direction Cataraqui Street to Rideau Street to #271-273
Rooms
Basement Full,Partially Finished
Kitchen 0
Interior
Interior Features Separate Hydro Meters
Heating Natural Gas,Radiant
Cooling None
Fireplace No
Appliance Dryer,Refrigerator,Stove,Washer
Laundry Other
Exterior
Exterior Feature Lighting
Garage Asphalt
Waterfront No
Waterfront Description Lake/Pond
Roof Type Asphalt Shing
Street Surface Paved
Porch Porch
Lot Frontage 46.1
Lot Depth 106.0
Parking Type Asphalt
Garage No
Building
Lot Description Rectangular,City Lot,Park,Public Transit,Shopping Nearby,Trails
Faces Cataraqui Street to Rideau Street to #271-273
Story 2
Foundation Block,Concrete Block,Stone
Sewer Sewer (Municipal)
Water Municipal
Structure Type Aluminum Siding
New Construction No
Others
Senior Community No
Tax ID 360010181
Ownership Freehold/None