493 COLLEGE Street Kingston ON
📍 Kingston, Ontario K7L 4M8
$1,599,000
📋 Listing Highlights
📝 Listing Description
GREAT INCOME, bringing in $132,000 of yearly rent. Fully RENOVATED 4-PLEX in an amazing location close to Queen's University, St. Lawrence College and Teachers College. The main building has 3 spacious units with two 3-bedroom units, one 4-bedroom unit, and an additional 1-bedroom separate unit. This 4-plex has been renovated from top to bottom, with new kitchens, bathrooms, flooring, new 400-AMP electrical and plumbing systems, too. Each unit has its own laundry. The basement unit and the separate unit are completely new. All units are currently rented at a great current market rate. Great returns on this property with minimal effort required, no work at all to be done on this property for a long time. Total yearly expenses for taxes, maintenance, property manager, utilities, and insurance are $18,000/year. Schedule your private viewing today.
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