717 King St W Portsmouth (Kingston, Ontario, CA - K7M 2G3) Built

$1,099,900
Houses For Sale in Kingston

Candon & Clancy Real Estate Solutions

Mat Clancy Mat Clancy 613-546-4208 (Office) Request More Info

  • Impressive 15-BR Building for Sale in Kingston!
  • Type: Residential
  • Style: Other
  • Bedrooms: 15
  • Garage: 6-Stalls
  • Development Level: Built
  • MLS ® #: K19003964
  • Basement: Yes, Full

Description

An impressive 15 bedroom building, configured as three units located steps to St. Lawrence College and directly across from Tim Hortons in the heart of Portsmouth Village. Once a medium sized home, an addition was created in the last 6 years at the rear for an additional 2 units comprising of a 6 bedroom and 2 bedroom unit. The exterior offers an incredibly large lot with 6 designated parking spaces, a front patio and side covered porch. An additional side entrance allows for direct use of the mechanical area for landlords and trades people. Gross rent brings in just less than $90,000 a year. Landlord pays taxes, utilities, insurance and maintenance. The units are heated with gas (forced air) and rents could potentially be increased as they have not been raised in the last 5 years. Huge windows and generously sized living spaces make this asset stand out. Investing in new construction with significant scale in size make this a compelling acquisition to your portfolio. (id:33479)

Attachments

Features

Heating

  • Forced Air
  • Natural Gas

Sewer/Water Systems

  • Water District

Lot Features

  • Front Porch
  • Patio
  • Trees / Shrubs
P2#335696030
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Information is deemed to be correct but not guaranteed.

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