Description

 Price: $ 1,799,999.00 MLS^®: X13463654         Location : 717 King Street W, Kingston, ON K7M 2G3

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!

Location Description

King St W Bwt Mcdonald & Mowat

Property Details

• Community: 18 - Central City West
• Property Type: Tenant/Residential Freehold
• Bedrooms: 16
• Bath: 7
• Garages: None

Building Features

• Foundation Type: Concrete-Stone
• Construction Material: Vinyl Siding
• Total Parking Space: 10

Features

• Heating: Forced Air Gas
• Sewer: Sewer ,