Added 4 weeks ago
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Type: Investment
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Property Type: Commercial
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Zoning: URM4
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Age: No Data
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Taxes: 9346.6
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MLS®#: X9412368
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Days on Site: 25 Days
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Added: Sep 23, 2024 (4 weeks ago)
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Updated:
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Last Checked: 2 hours ago
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Listed By: eXp Realty, Brokerage
Welcome to this exceptionally maintained legal duplex steps to Queens main campus and the waterfront. Offering a total of 12 bedrooms, it is a prime student rental investment opportunity with an annual income of $129,456. Unit 187A is leased at $5,562/mth+ utilities, and 187B leased at $5,226/mth+ utilities (tenants leaving April 30th, 2025). This spacious two storey unit is complete with 6 oversized bedrooms, 2 full bathrooms, a bright open concept kitchen/living/dining area, and convenience of second storey laundry. Many upgrades throughout including new metal roof (2021), flooring (2024). Four parking spots are located at the rear of the property for convenience and future income generation. The garage at the rear of the property offers extra storage space and is a valuable amenity for tenants and owner/maintenance storage. Don't miss out on this opportunity to own a well-maintained, income-generating property. 24hours notice needed for all showings.
Property
Status: Sale
Property Type: Investment
Area: Kingston
Community: Central City East
Availability Date: TBD
Assessment Amount: $647,000
Assessment Year: 2016
Inside
Bathrooms: 4
Air Conditioning: None
Washrooms: 4
Building
Basement: Y
Heat Type: Baseboard
Water Supply: Municipal
Parking
Garage Type: Detached
Covered Parking Spaces: 4
Fees
Tax Year: 2023
Tax Legal Description: PT LT 870-871 PL A12 KINGSTON CITY AS IN FR700890; S/T FR700890;
Taxes: $9,347
Expenses: Act
Insurance Fee: 6640
Land
Cross Street: Johnson St to Alfred
Municipality District: Kingston
Parcel Number: 360340095
Sewer: Sewers
Lot Depth: 165 Feet
Lot Frontage: 28 Feet
Zoning: URM4
Additional Media
- Virtual Tour: https://unbranded.youriguide.com/yoq0d_187_alfred_st_kingston_on/
Commercial Specific
Total Area: 3140
Total Area Metric: Sq Ft
Walker's Paradise
- Daily errands do not require a car.
Good Transit
- Some errands can be accomplished by public transportation.
Biker's Paradise
- Daily errands do not require a car.
St Joseph School
Elementary: CatholicSydenham Public School
Elementary: PublicModule Vanier
Elementary: PublicWinston Churchill Public School
Elementary: PublicCathedrale Catholic School
Elementary: CatholicRideau Public School
Elementary: PublicÉcole secondaire publique Mille-Iles
Secondary: PublicLimestone School of Community Education
Secondary: PublicFrontenac Learning Centre
Secondary: PublicLoyalist Collegiate and Vocational Institute
Secondary: PublicKingston Collegiate and Vocational Institute
Secondary: PublicRegiopolis/Notre-Dame Catholic High School
Secondary: Catholic-
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