271-273 Rideau St, Kingston, K7K 3A7

Home Overview

Description

Don't miss this opportunity to expand your portfolio! Incredible 5-unit semi-detached building, steps from historic downtown Kingston. Includes two 3-bedroom, two 2-bedroom and one 1-bedroom units - all carpet free, spacious and airy - with a large parking lot for your tenants located behind the building. Updates include newer flooring in all apartments, some windows replaced, and a new roof installed in 2018. This building is turnkey and provides a healthy return, renting at $7800.00 per month (tenants pay for hydro) and a gross annual net income of $93,600.

2 months

On Market

Semi-Detached

Property Type

$7,244 / Year

Est. Taxes

2-Storey

Style

None

Garage

Full

Basement