This fully tenanted triplex presents an exceptional investment opportunity in a highly convenient central location. The property features three spacious 2-bedroom units, each offering a full bathroom, in-suite laundry, and bright, functional layouts that attract quality tenants. Apartment #1 is rented for $1,800/month, while Apartments #2 and #3 each rent for $1,600/month. Tenants pay their own Heat and Hydro, with the Landlord covering Water and Sewer, ensuring straightforward management and consistent cash flow. Ideally situated near the Kingston Centre, downtown Kingston, Queen's University, and St. Lawrence College, this property provides excellent accessibility and strong rental demand. With easy transit access, close proximity to Highway 401, and nearby amenities including shops, restaurants, and Kingston's vibrant waterfront, 1348 Princess Street is a turnkey investment offering stability, convenience, and growth potential in one of Ontario's most desirable rental markets. (id:4069)
Address
1348 PRINCESS STREET
List Price
$749,900
Property Type
Multi-family
Type of Dwelling
Triplex
Transaction Type
Sale
Area
Ontario
Sub-Area
Kingston (west Of Sir John A Blvd)
Bedrooms
6
Bathrooms
3
Floor Area
1500 - 2000 Sq. Ft.
Lot Size
53 x 200 FT Sq. Ft.
MLS® Number
X12477678
Listing Brokerage
ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
Basement Area
N/A, N/A (Finished), Full, N/A
Postal Code
K7M3E2
Zoning
CA
Site Influences
Public Transit
Amenities
Separate Heating Controls
