Property Information:
EXCEPTIONAL OPPORTUNITY - complete renovation (new electrical, plumbing, mechanical; fully permitted/inspected). Turn-key 4-plex with 9 beds / 2 parking, a 2-minute walk to Queens University and Kingston General Hospital; steps to downtown. Current gross rent $11,860/month ($142,320/yr). All units have separate hydro meters; owner currently pays hydro and internet transfer on renewal for $4,600/yr NOI lift. Impeccably maintained, low-maintenance building with consistent demand from students, hospital staff, and professionals. Ideal for investors seeking stable cash flow with upside, or Queens parents wanting safe, modern housing now and a quality rental hold long-term. (id:27)
Building Features:
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Style:
Multiplex
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Building Type:
Fourplex
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Air Conditioning:
Yes
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Amenities:
Separate Hydro Meters
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Basement Development:
Finished
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Basement Type:
Full
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Exterior Finish:
Brick, Stucco
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Floor Space:
2500 - 3000 sqft
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Foundation Type:
Poured Concrete
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Heating Type:
Baseboard heaters
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Heating Fuel:
Electric
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Cooling Type:
Window air conditioner
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Appliances:
Dryer, Stove, Washer, Refrigerator