MAT CLANCY, RE/MAX RISE EXECUTIVES, BROKERAGE
MLS® #: K19006259

717 KING ST W

Kingston, ON, K7M 2G3
MLS® #: K19006259
MAT CLANCY, RE/MAX RISE EXECUTIVES, BROKERAGE
For Sale

717 King St W

Kingston, ON, K7M 2G3
$1,099,900
N/A bed|N/A bath|N/A sqft
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717 KING ST W

Kingston, ON, K7M 2G3
MAT CLANCY, RE/MAX RISE EXECUTIVES, BROKERAGE
MLS® #: K19006259

$1,099,900

N/A bed|N/A bath|N/A sqft

Multi-Family in Kingston

An impressive 15 bedroom building, configured as three units located steps to St. Lawrence College and directly across from Tim Hortons in the heart of Portsmouth Village. Once a medium sized home, an addition was created in the last 6 years at the rear for an additional 2 units comprising of a 6 bedroom and 2 bedroom unit. The exterior offers an incredibly large lot with 6 designated parking spaces, a front patio and side covered porch. An additional side entrance allows for direct use of the mechanical area for landlords and trades people. Gross rent brings in just less than $90,000 a year. Landlord pays taxes, utilities, insurance and maintenance. The units are heated with gas (forced air) and rents could potentially be increased as they have not been raised in the last 5 years. Huge windows and generously sized living spaces make this asset stand out. Investing in new construction with significant scale in size make this a compelling acquisition to your portfolio.

Details

Property Type: Multi-Family
Property Tax: $7,259 (2018)
Fees: N/A
Last Updated: Fri, December 06, 2019
Title: Freehold
MLS® #: K19006259
Inside

Heating: Forced Air
Heating Source: Natural Gas
Rooms: N/A
Basement: Full Basement, Crawl
Basement Details: Fully Finished
Hot Water: Natural Gas
Outside

Acreage Range: 0.0 - 0.49 Acres
Exterior: Vinyl Siding
Foundation: Poured Concrete
Roof: Asphalt Shingle
Access: Municipal Road

About the Neighbourhood

Portsmouth

The character of Portsmouth is exemplified by its relaxed environment. Parks are especially well-located and there are a few of them nearby for residents to unwind in, which makes it easy to reach them. This neighbourhood is also very quiet, as the streets are usually very peaceful.
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RE/MAX RISE EXECUTIVES

Kingston, ON

PH: (343) 363-7653
Agent's profile picture

RE/MAX RISE EXECUTIVES

Kingston, ON