LOADING

717 King St W, Kingston, Ontario K7M 2G3

Forced Air

$1,099,900.00

An impressive 15 bedroom building, configured as three units located steps to St. Lawrence College and directly across from Tim Hortons in the heart of Portsmouth Village. Once a medium sized home, an addition was created in the last 6 years at the rear for an additional 2 units comprising of a 6 bedroom and 2 bedroom unit. The exterior offers an incredibly large lot with 6 designated parking spaces, a front patio and side covered porch. An additional side entrance allows for direct use of the mechanical area for landlords and trades people. Gross rent brings in just less than $90,000 a year. Landlord pays taxes, utilities, insurance and maintenance. The units are heated with gas (forced air) and rents could potentially be increased as they have not been raised in the last 5 years. Huge windows and generously sized living spaces make this asset stand out. Investing in new construction with significant scale in size make this a compelling acquisition to your portfolio. (id:33479)

Property Details

Listing ID K19006259
Parking Space Total 6

Building

Age Age Is Unknown
Basement Development Finished
Basement Type Full (finished)
Exterior Finish Vinyl Siding
Fireplace Present No
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Sewer Municipal Sewage System
Size Frontage 75.0000
Size Total Text Under 1/2 Acre
Zoning Description Res

https://www.realtor.ca/PropertyDetails.aspx?PropertyId=21176606

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Mat Clancy
Salesperson


Re/max Rise Executives, Brokerage
623 Fortune Crescent|suite 110
Kingston, Ontario K7P 0L5

(613) 546-4208
(613) 546-2793

https://www.remaxrise.com/
Adam Candon
Salesperson


Re/max Rise Executives, Brokerage
623 Fortune Crescent|suite 110
Kingston, Ontario K7P 0L5

(613) 546-4208
(613) 546-2793

https://www.remaxrise.com/
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