Description
What a great income property to add to your portfolio, or an ideal place for a parent buyer, sitting just north of Princess Street is this detached 6 bedroom duplex. The main unit consists of 5 bedrooms on 2 floors with 2 full bathrooms, a living room and a huge eat-in kitchen with fresh flooring, and the 2nd upper unit is set up as a bachelor apartment. Laundry on site that both units can access and both units separately metered. With the total gross income of $65,220, it nets $58,219 which means a cap rate of over 7%! The roof was replaced in 2023, with a high efficiency gas furnace and vinyl windows throughout. Never a problem renting this great money maker. Leased until April 2026.
Overview
Property ID:
X12408588
Type:
Duplex
Bedrooms:
6
Bathrooms:
3
Square:
1,750 m²
Price:
$799,900
PropertyType:
Residential Freehold
TransactionType:
For Sale
BuildingAreaUnits:
Square Feet
Cooling:
None
Heating:
Forced Air
ParkingFeatures:
None
YearBuilt:
100+
TaxAnnualAmount:
4934.67
PossessionDetails:
Flexible
Map
-
AddressKingston
Write A Review
0 Reviews
0 out of 5
Featured properties
The Most Recent Estate
Selling
Duplex
4 days ago
$1,795,000
Lower Town - Sandy Hill, 4001 - Lower Town/Byward Market
Selling
Duplex
4 days ago
$459,900
Niagara Falls, 214 - Clifton Hill
Selling
Kingston, 22 - East of Sir John A. Blvd
$799,900
- 6
- 3
- 1,750 m²