Legal non-conforming triplex in a prime location perfect for capturing top market rents. Each unit has in-suite laundry and dedicated parking, making it easy to rent and manage. The building is in excellent condition with numerous recent upgrades including plumbing, electrical, furnace, roof, windows, soffits, and eaves. Featuring high ceilings and exposed brick, all units show beautifully. The property includes two 1-bedroom units and one 2-bedroomunit. Unit #1 (1 bed) rents for $1,850/month, Unit #3 (1 bed) rents for $1,600/month, and Unit#2 (2 bed) will be vacant June 30, with market rent estimated at $2,000/month. Total potential gross income is $65,400/year, with estimated annual expenses of $12,440, for a projected NOI of$52,960. A well-maintained, cash-flowing investment with wonderful tenants and strong rental appeal. Call, text, or email to book your showing.
EXTRAS: Washer, Refrigerator, Stove, Dryer
Last updated on : Friday 23rd of May 2025 12:20:41 PM
Street : 341 DIVISION STREET
City : Kingston (East of Sir John A. Blvd)
Country : Canada
Postal Code : K7K4A2
Property ID : X12168969
Building Type : Multi-Family
Property Type : Multi-family
Bedrooms : 4
Parking : 3