579 Macdonnell Street

FOR SALE
$495,000
579 Macdonnell Street, Kingston
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3 + 3
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
11
ROOMS
X12639710
MLSID
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Property Description
All brick legal duplex with amazing income potential in the highly desirable Kingscourt area. Upper level includes 3 spacious bedrooms and 1 full bathroom, with a large living/dining room, separate eat-in kitchen with breakfast area and potential for ensuite laundry. Lower level includes a second self-contained unit with 3 spacious bedrooms and 1 full bathroom, with living room and ensuite laundry room and 2 separate entrances. Large backyard in the rear with a detached single car garage as well as a parking pad in the front for 2 additional cars. Upper level unit currently vacant. Current income from the lower level unit only is $22k+, potential income $55k+ with positive cash flow OR $64k+ as a student rental with over 9% cap rate! Property needs work but a great investment opportunity with excellent value add potential!
Property Features
Rec./Commun.Centre, Public Transit, Park, School, Separate Hydro Meter, Water Heater, Mutual
Property Details
Address
579 Macdonnell Street
Postal Code
K7K 4W9
Property Type
Detached, Detached
Days On Market
139
Lot Size
33' x 112'
Taxes
$3,666 (2024
Basement
Separate Entrance, Apartment
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Parking Spaces
2
Garage Type
Detached
Listing contracted with North 2 South Realty
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