130 JAMES Street

Kingston, Ontario, K7K1Z4, Canada

$575,000

Investment Property offers a two-story well-maintained duplex in downtown Kingston. Owned as a lucrative rental property for over 20 years—gross $33,000 (2023), taxes $4,228.81 (2023). Tenants pay utilities. Both apartments include two bedrooms, one full bathroom, spacious living, kitchen and dining rooms and a washer/dryer. Both apartments have electric baseboards, with the main floor apartment enhanced with a cozy natural gas fireplace. The apartments were rented over the years as non-smoking and both furnished/unfurnished, mainly to Queen’s/RMC graduate or professional students or working professionals. Lower apartment is currently unoccupied allowing a new owner flexibility. Most recent renovations—windows 2016-2019, metal roof 2018, lower apartment bathroom and flooring 2024, shed roof 2024, newly painted 2024. Large deep lot allows for parking three vehicles, development, or enjoyment of a beautiful mature back yard. This turnkey property is a few minutes walk to downtown amenities, the waterfront and public transit. An excellent opportunity for investors, first-time buyers or downsizers. Don’t miss this opportunity!

EXTRAS: Sump Pump

Virtual Tour: https://youriguide.com/130_james_st_kingston_on/

Last updated on : Wednesday 8th of May 2024 03:12:14 PM

ADDRESS

Street : 130 JAMES Street

City : Kingston

Province : Ontario

Country : Canada

Postal Code : K7K1Z4

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PROPERTY SUMMARY

Property ID : 40583680

Building Type : Duplex

Property Type : Multi-family

Bedrooms : 4

Bathrooms : 2

Parking : 3

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