341 DIVISION Street, Kingston, ON Image 1

$799,900

Investment For Sale
MLS - #X12168969
May 23- By RE/MAX RISE EXECUTIVES, BROKERAGE

341 DIVISION Street, Kingston, ON K7K 4A2

4 Bed
Bath
248 Sqft.
None Garage

Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

248 Sqft

About 341 DIVISION Street

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.

Home Overview

Last updated

May 23

Virtual tour

None

Basement information

Building size

248

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:N/A
Cooling:No
Heating:Gas Forced Air Open
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
79990000.0%
Higher than average

Price Comparison

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Location

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Walk Score for 341 DIVISION Street

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Some information about this property - DIVISION Street

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