Incredible Value for this Purpose - built, legal triplex in superb condition - perfect for either owner-occupied with income or to add to your investment portfolio. With a fantastic downtown, south side location & ideally situated in a beautiful, mature neighbourhood, this very well maintained and upgraded triplex is truly turnkey. Fully leased, and with hardwood throughout, it provides rental income immediately for a seamless and solid investment opportunity. The property consists of 2 very large 3 bedroom units on the main & upper floors and a 2 bedroom on the lower level. The main & upper level have mirrored layouts with a spacious & bright living / dining area with oversized windows, updated kitchen, 3 generously sized bedrooms and a 4 piece bath. The ceiling on the main floor unit has been soundproofed and has been owner occupied. Lower level has full sized windows, updated kitchen, good sized living room/ dining room and a 4 piece bath. Plenty of parking and a 2 car detached garage on this large lot. Shared coin operated laundry in lower level and dishwashers in each unit. Recent updates to this impressive turnkey property include: New Furnace, Upgraded Electrical panel to 200 AMP, Central Air Conditioning and the triplex just had a new asphalt shingles applied to the roof.All units has been freshly painted when needed. Excellent return & cap rate. Ideally located between Queen's University, St Lawrence College and the Teacher's College , Restaurants, Coffee shops/ Cafes, Grocery, Pharmacy, Entertainment and all amenities, this property attracts quality tenants and ensures consistent returns. This is a solid turn key Triplex in a incredible prime neighbourhood location - this is a must see! Don't miss out on this great opportunity! Check out the Virtual Tour link - IGuide to see this amazing Triplex.This is the one you've been waiting for - Schedule your viewing today. (id:4069)
Address
418 COLLEGE STREET
List Price
$1,049,000
Property Type
Multi-family
Type of Dwelling
Triplex
Transaction Type
Sale
Area
Ontario
Sub-Area
Kingston (central City East)
Bedrooms
8
Bathrooms
3
Floor Area
2000 - 2500 Sq. Ft.
Lot Size
42 x 151.9 FT Sq. Ft.
Lot Depth
151 ft ,10 in
Frontage Length
42 ft
MLS® Number
X14109912
Listing Brokerage
ROYAL LEPAGE TEAM REALTY
Basement Area
N/A
Postal Code
K7L4M7
Parking Places (Total)
6
Site Influences
Hospital, Park, Place of Worship, Public Transit, Schools
Features
Carpet Free
Appliances
Dishwasher, Dryer, Furniture, Stove, Washer, Refrigerator
Heat Source
Natural gas
Heat Type
Forced air
Cooling Features
Central air conditioning
Foundation Details
Poured Concrete
Number Of Floors In Building
2
Water Source
Municipal water
Sewer
Sanitary sewer
