A rare opportunity to own a well-maintained, fully tenanted triplex in one of Kingston's most desirable downtown neighbourhoods. Ideally located on a prestigious street within walking distance to Queen's University, Kingston's major hospitals, and the sought-after Winston Churchill Public School district, this exceptional investment property generates $5,810/month ($69,720 annually) in gross rental income, with potential to increase to $6,410/month ($76,920 annually) through one owner-reserved room currently being marketed for rent. Situated on an approximately 38.5 x 122 ft lot, the property offers strong cash flow with excellent upside potential. Seller will transfer the balance of prepaid rent to the buyer on closing. (id:4069)
Address
63 PEMBROKE STREET
List Price
$999,900
Property Type
Multi-family
Type of Dwelling
Triplex
Transaction Type
Sale
Area
Ontario
Sub-Area
Kingston (central City East)
Bedrooms
9
Bathrooms
3
Floor Area
2000 - 2500 Sq. Ft.
Lot Size
38.5 x 122 FT Sq. Ft.
Lot Depth
122 ft
Frontage Length
38 ft ,6 in
MLS® Number
X13625270
Listing Brokerage
RE/MAX FINEST REALTY INC., BROKERAGE
Basement Area
N/A, Full, N/A (Finished)
Postal Code
K7L4N6
Parking Places (Total)
6
Appliances
Water Heater, Dryer, Stove, Washer, Refrigerator
Heat Source
Other
Heat Type
Baseboard heaters
Cooling Features
None
Foundation Details
Poured Concrete
Number Of Floors In Building
3
Water Source
Municipal water
Sewer
Sanitary sewer
