Calling All Investors! Fully Rented High-Cash-Flow Triplex on Oversized 75 x 164 Ft Lot Don't Miss This Rare opportunity to acquire a fully rented 3-unit income property offering a total of 16 bedrooms, 7 washrooms, and 3 kitchens, all with separate entrances! Delivering stable rental income. Unit 1 was renovated in 2021 and updated further in 2023 with a new kitchen. This unit features 8 bedrooms plus living room, full kitchen, laundry area, 4 washrooms, updated windows and doors, laminate flooring throughout, and a large concrete patio. The rear addition, built in 2014, consists of two units, the first featuring 6 bedrooms plus living room, kitchen, 2 full washrooms with separate dry/wet areas, and a separate entrance, providing efficient unit layout and strong tenant demand. The basement unit includes 2 bedrooms, 1 washroom, and an open-concept kitchen and living area, further maximizing rental yield. All this just a a short walk to Queens University and St. Lawrence College, Waterfront trails , fast food options and transit at the door step! (id:4069)
Address
717 KING STREET W
List Price
$1,949,999
Property Type
Multi-family
Type of Dwelling
Triplex
Transaction Type
Sale
Area
Ontario
Sub-Area
Kingston (central City West)
Bedrooms
16
Bathrooms
7
Floor Area
3500 - 5000 Sq. Ft.
Lot Size
75 x 164 FT Sq. Ft.
MLS® Number
X12780486
Listing Brokerage
SUTTON GROUP-HERITAGE REALTY INC.
Basement Area
N/A
Postal Code
K7M2G3
Site Influences
Hospital, Public Transit
Features
Carpet Free
