Well-maintained 2-storey fourplex located in Kingston's Inner Harbour, within walking distance to Queen's University and just steps to downtown amenities, restaurants, and waterfront events. The property features four 1-bedroom units, three of which are currently leased, with one unit becoming vacant May 1st. This provides flexibility for owner occupancy or the opportunity to place a new tenant at market rent. The vacant unit is already being advertised and is expected to lease quickly at approximately $1,495/month. Each unit offers an efficient layout with bright living spaces. Tenants pay their own utilities, with the exception of natural gas heat, helping keep operating costs manageable. Main floor units feature open living and kitchen areas with large south-facing windows, 3-piece bathrooms, and access to private rear decks. Upper units offer front bedrooms, 4-piece bathrooms, and bright living/kitchen areas overlooking the rear of the property. The property includes four dedicated parking spaces plus one additional bonus space, offering potential for extra rental income. A solid opportunity to own a well-located multi-unit property in a high-demand rental area close to Queen's and downtown Kingston. (id:4069)
Address
143-145 ORDNANCE STREET
List Price
$948,000
Property Type
Multi-family
Type of Dwelling
Multi-family
Transaction Type
Sale
Area
Ontario
Sub-Area
Kingston (east Of Sir John A Blvd)
Bedrooms
4
Bathrooms
4
Floor Area
2000 - 2500 Sq. Ft.
Lot Size
41.7 x 70.7 FT Sq. Ft.
MLS® Number
X12888102
Listing Brokerage
RE/MAX RISE EXECUTIVES, BROKERAGE
Basement Area
Full (Unfinished)
Postal Code
K7K1G9
Site Influences
View
Amenities
Separate Electricity Meters
