85 WILLIAM STREET new Save Request In-Person Tour Request Virtual Tour
Kingston (central City East),ON K7L2C6
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $716
Subdivision 14 - Central City East
MLS Listing ID X12194384
Bedrooms 10
Half Baths 1
Property Description
Discover an outstanding investment opportunity in the heart of Sydenham Ward with this remarkable triplex. This all-brick property boasts 3 well-designed, self-contained units: a lower-level 2-bedroom unit that is currently vacant and has been renovated, a main-floor 3-bedroom unit with tenants scheduled to move out in August, and a spacious top-floor 5-bedroom unit. This arrangement provides a unique chance to maximize your rental income. 5-bedroom unit currently rented for $850 per room. Conveniently located within walking distance to Queen's University, local hospitals, vibrant downtown shops, and restaurants, and just three blocks away from the picturesque Lake Ontario, this triplex is perfectly positioned for attracting tenants. Additionally, there is ample parking available at the rear via a right-of-way. Potential income: $102,000 to $115,000. Expenses: insurance $6,900.00, utilities 4,200.00, maintenance $3,000.00, and taxes $10,993. This is a fantastic opportunity to enhance your investment portfolio or to occupy one of the units while benefiting from rental income from the others. Don't miss out, schedule your private viewing today. (id:24570)
Location
Province ON
Rooms
Kitchen 2.0
Interior
Heating Baseboard heaters
Exterior
Parking Features No
View Y/N Yes
View City view
Building
Story 2
Sewer Sanitary sewer
Others
Virtual Tour https://youriguide.com/85_william_st_kingston_on/