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$ 880,000
Est. payment /mo
Active
1348 Princess ST Kingston, ON K7M 3E2
4 Beds
3 Baths
UPDATED:
11/04/2024 10:57 AM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
MLS Listing ID X9389301
Style 1 1/2 Storey
Bedrooms 4
Annual Tax Amount $4,908
Tax Year 2024
Property Description
Excellent Investment Opportunity! This triplex includes three spacious and bright units all with 2-bedrooms and 1 full bathroom, updated flooring throughout and laundry in each unit. Other updates include a new asphalt roof in 2021, newer hot water heaters and windows. The double driveway offers parking for 4 cars, along with an attached garage with parking for one. Fully rented out at $4,856 per month (tenants pay for hydro) or an annual gross income of $58,272,with potential for additional and improved income. Centrally located on Princess Street, only steps to local transit and minutes from downtown Kingston, St. Lawrence College, Queens University and also shopping, restaurants and businesses in the west end.
Location
Province ON
County Frontenac
Rooms
Family Room Yes
Basement Finished, Full
Kitchen 3
Separate Den/Office 2
Interior
Interior Features Separate Heating Controls, Water Heater Owned
Cooling None
Fireplace No
Heat Source Electric
Exterior
Garage Private Double
Garage Spaces 4.0
Pool None
Waterfront No
Roof Type Asphalt Shingle
Total Parking Spaces 5
Building
Unit Features Park,Place Of Worship,Public Transit,School
Foundation Concrete Block
Listed by ROYAL LEPAGE PROALLIANCE REALTY