271 RIDEAU

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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. (id:39198)

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Additional media

https://youtu.be/MAVxKw1Tr88

Property taxes

$7,243.77 per year / $603.65 per month

Basement

Partially finished, Full

Year build

-

Type

Multi-family

Bedrooms

11

Bathrooms

5

Parking spots

4 Total

Floor

-

Balcony

-

Pool

-

External material

Brick | Aluminum siding

Roof type

-

Lot frontage

-

Lot depth

-

Heating

Radiant heat, Natural gas

Fire place(s)

-