138 CHATHAM STREET new

Kingston (east Of Sir John A. Blvd),ON K7K4H4

$ 799900

6 Beds

3 Baths

1500 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $533

Subdivision 22 - East Of Sir John A. Blvd

MLS Listing ID X12408588

Bedrooms 6

Property Description

What a great income property to add to your portfolio, or an ideal place for a parent buyer, sitting just north of Princess Street is this detached 6 bedroom duplex. The main unit consists of 5 bedrooms on 2 floors with 2 full bathrooms, a living room and a huge eat-in kitchen with fresh flooring, and the 2nd upper unit is set up as a bachelor apartment. Laundry on site that both units can access and both units separately metered. With the total gross income of $65,220, it nets $58,219 which means a cap rate of over 7%! The roof was replaced in 2023, with a high efficiency gas furnace and vinyl windows throughout. Never a problem renting this great money maker. Leased until April 2026. (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Interior

Heating Forced air

Exterior

Parking Features No

Fence Fenced yard

View Y/N No

Building

Story 2

Sewer Sanitary sewer

Others

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