341 Division St,Kingston, ON K7K
Kingston, ON K7K
Description
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.
Details
| MLS # | X12168969 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Days On Site | 27 |
| Listing Provided By | RE/MAX RISE EXECUTIVES, BROKERAGE | X12168969 470700 |
Features
| Bed(s) | 4 |
|---|---|
| SQ Feet | 1,003,621 |
| Acreage | 0.06 |
Interior
| Cooling Yes / No | No |
|---|---|
| Cooling | No |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Frontenac |
| City | Kingston |
| Postal Code | K7K |
| Area | 22 East of Sir John A. Blvd |
| Listing VS Median (in K7K) | |
Price: $799,900 low | high Med: $562,450 SqFt: 1,003,621 low | high Med: 502,424 $ / SqFt: $1 low | high Med: $133 On site: 27 low | high Med: 17.000000 | |