271-273 Rideau St
Kingston, K7K 3A7
FOR SALE
$1,200,000
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9 + 2
BEDROOMS5
BATHROOMS4 + 1
KITCHENS22 + 4
ROOMSX9389150
MLSIDContact Us
Property Description
Don't miss this opportunity to expand your portfolio! Incredible 5-unit semi-detached building, steps from historic downtown Kingston. Includes two 3-bedroom, two 2-bedroom and one 1-bedroom units - all carpet free, spacious and airy - with a large parking lot for your tenants located behind the building. Updates include newer flooring in all apartments, some windows replaced, and a new roof installed in 2018. This building is turnkey and provides a healthy return, renting at $7800.00 per month (tenants pay for hydro) and a gross annual net income of $93,600.
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Property Features
Lake/Pond, Park, Public Transit
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Property Details
Street
City
Property Type
Semi-Detached, 2-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
46' x 106'
Fronting
East
Taxes
$7,244 (2024)
Basement
Full
Exterior
Alum Siding, Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 17.45' x 9.78' | |
| Kitchen | Main | 14.76' x 16.17' | Combined W/Dining |
| Br | 2nd | 8.60' x 10.37' | |
| Br | 2nd | 8.40' x 10.37' | |
| Bathroom | 2nd | 8.04' x 5.41' | 4 Pc Bath |
| Br | 2nd | 11.71' x 13.35' | |
| Living | Bsmt | 16.67' x 12.73' | |
| Kitchen | Bsmt | 5.48' x 10.07' | |
| Bathroom | Bsmt | 4.89' x 10.07' | 4 Pc Bath |
| Br | Bsmt | 9.32' x 13.32' | |
| Kitchen | Main | 13.88' x 13.85' | Tile Floor |
| Living | Main | 10.07' x 13.85' |
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Listing contracted with Royal Lepage Proalliance Realty, Brokerage
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