Property Information:
Great investment opportunity in Kingston's downtown core and close to Queen's University, sits this renovated 2 storey red brick duplex finished with the modern touch throughout. Both units are 2 bedrooms, with the main floor unit having laundry, and a rear door to the private courtyard like backyard with a stone patio and the detached single car garage accessed by shared lane. Both rented until the end of April 2025 with Unit 1 @ $2050/month and Unit 2 @ $2030 with all tenants splitting utilities. Vacant possession available for both units, but Unit 2 would like to stay and are great tenants. Perfect timing for a parent looking for a place with extra income, and netting $43,460 makes a great move for the investor with a cap rate just above 6%. (id:7525)
Building Features:
-
Style:
Duplex
-
Building Type:
Duplex
-
Basement Type:
Partial
-
Exterior Finish:
Stone
-
Foundation Type:
Stone, Concrete
-
Heating Type:
Forced air
-
Heating Fuel:
Natural gas
-
Appliances:
Dryer, Microwave, Refrigerator, Stove, Washer
