Realestate

Property Details

1 of 50
$1,575,000
493 COLLEGE Street, Kingston, ON K7L 4M8
8 + 3
4
1
MLS®X14098082
Property Type
Residential Freehold
Sub Type
Multiplex
Heating
Forced Air
Cooling
Central Air
Lot Size
125 x 45 Feet
Approx Age
51-99
Great income, bringing in $125,000 in annual rent. Fully renovated 4-plex in an amazing location close to Queen's University, St. Lawrence College and Teachers College. The main building has 3 spacious units with two 3-bedroom units, one 4-bedroom unit, and an additional 1-bedroom separate unit. This 4-plex has been renovated from top to bottom, with new kitchens, bathrooms, flooring, and new 400-AMP electrical and plumbing systems. Each unit has its own laundry. The basement unit and the separate unit are completely new. All units are currently rented at great market rent. Great returns on this property with minimal effort required, with no work at all to be done to this property for a long time. Total annual expenses for taxes, maintenance, property manager, utilities and insurance are $22,000. Schedule your private viewing today.
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