579 MACDONNELL ST

Kingston, Ontario, K7K4W9, Canada

$499,000

All brick legal duplex with amazing income potential in the highly desirable Kings court area. Upper level includes 3 spacious bedrooms and 1 full bathroom, with a large living/dining room, eat-in kitchen with breakfast area and potential for ensuite laundry. Lower level includes a second self-contained unit with 3 spacious bedrooms and 1 full bathroom, with living room and ensuite laundry room and 2 separate entrances. Large backyard in the rear with a detached single car garage and parking pad in the front for 2 cars. Current income $43k+, potential income $55k+ with positive cash flow - $60k+ as a student rental! Property needs work but a great investment opportunity with excellent value add potential!

EXTRAS Both units tenanted mth-to-mth, upper-$1819.37/mth all incl; lower-$1775/mth all incl. Hydro metered separately for 2 units. Utilities last 12 mth avg: $407/mth & $178/mth.

Last updated on : Wednesday 3rd of April 2024 01:44:50 AM

ADDRESS

Street : 579 MACDONNELL ST

City : Kingston

Province : Ontario

Country : Canada

Postal Code : K7K4W9

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PROPERTY SUMMARY

Property ID : X8152688

Building Type : Duplex

Property Type : Single Family

Bedrooms : 3 + 3

Bathrooms : 2

Parking : 3

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