Legal duplex in a prime central Kingston location near Queen's University, downtown, transit and amenities. Well-maintained and fully tenanted, this property offers two self-contained units with in-suite laundry and separately metered utilities. The upper unit rents for $1,925per month plus utilities and the lower unit rents for $1,795 per month plus utilities, owner responsible for gas for the forced air heating system. Excellent condition throughout, with potential for future intensification, including the possibility of 3 units in the main building and a 4th carriage house unit, subject to buyer due diligence, approvals and municipal requirements. Strong investor opportunity with stable income and future upside. Data room and financials accessible via the link below. (id:4069)
Address
390 DIVISION STREET
List Price
$609,000
Property Type
Multi-family
Type of Dwelling
Multi-family
Transaction Type
Sale
Area
Ontario
Sub-Area
Kingston (east Of Sir John A Blvd)
Bedrooms
4
Bathrooms
2
Floor Area
1100 - 1500 Sq. Ft.
Lot Size
62 x 63.4 FT Sq. Ft.
MLS® Number
X12972952
Listing Brokerage
RE/MAX RISE EXECUTIVES, BROKERAGE
Basement Area
Crawl space
Postal Code
K7K4A7
Site Influences
Park, Public Transit, Schools
Features
Irregular lot size, Carpet Free
Amenities
Fireplace(s), Separate Electricity Meters
