271-273 Rideau Street Kingston, Ontario K7K 3A7

11 Bedroom 5 Bathroom 3,000 - 3,500 ft2
Hot Water Radiator Heat

$1,175,000

Seize this rare chance to elevate your investment portfolio! This exceptional 5-unit semi-detached building is located just steps away from the vibrant historic downtown Kingston. This property boasts two spacious 3-bedroom units, two generous 2-bedroom units, and a cozy 1-bedroom unit all designed without carpets for a fresh and airy atmosphere. Enjoy the convenience of a large parking lot situated behind the building for your tenants. The property has seen numerous updates, including modern flooring throughout, select window replacements, and a brand-new roof installed in 2018. Its truly a turnkey investment, currently generating an impressive monthly rental income of $7,910.35 (with tenants covering their own hydro), resulting in a robust gross annual net income of $94,924.20. Conveniently located within walking distance of public transport, parks, schools, and just blocks away from all the shops, entertainment, and dining options that historic downtown Kingston has to offer, this is an opportunity you wont want to overlook! (id:61594)

Property Details

MLS® Number X12146864
Property Type Single Family
Community Name 22 - East of Sir John A. Blvd
Amenities Near By Park, Public Transit, Schools
Easement Unknown
Equipment Type Water Heater
Features Level, Carpet Free
Parking Space Total 4
Rental Equipment Type Water Heater
Structure Porch
View Type City View

Building

Bathroom Total 5
Bedrooms Above Ground 9
Bedrooms Below Ground 2
Bedrooms Total 11
Age 100+ Years
Amenities Separate Electricity Meters
Basement Type Full
Construction Style Attachment Semi-detached
Exterior Finish Aluminum Siding, Brick
Fire Protection Smoke Detectors
Foundation Type Block, Stone
Heating Fuel Natural Gas
Heating Type Hot Water Radiator Heat
Stories Total 2
Size Interior 3,000 - 3,500 Ft2
Type House
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Land Amenities Park, Public Transit, Schools
Sewer Sanitary Sewer
Size Depth 106 Ft
Size Frontage 46 Ft ,1 In
Size Irregular 46.1 X 106 Ft
Size Total Text 46.1 X 106 Ft
Surface Water Lake/pond
Zoning Description B1.207

Rooms

Level Type Dimensions
Second Level Living Room 4.28 m x 3.67 m
Second Level Kitchen 4.28 m x 3.67 m
Second Level Bedroom 3.58 m x 3.67 m
Second Level Bathroom 1.58 m x 2.09 m
Second Level Primary Bedroom 4.31 m x 3.67 m
Second Level Bathroom 1.65 m x 2.45 m
Second Level Bedroom 3.16 m x 2.62 m
Second Level Bedroom 2 3.16 m x 2.56 m
Main Level Foyer 1.85 m x 4.37 m
Main Level Bedroom 2 4.69 m x 3.69 m
Main Level Living Room 2.98 m x 5.32 m
Main Level Bathroom 1.15 m x 2.07 m
Main Level Kitchen 4.93 m x 4.5 m
Main Level Kitchen 4.22 m x 4.23 m
Main Level Living Room 4.22 m x 3.07 m
Main Level Bedroom 4.3 m x 3.61 m
Other Primary Bedroom 4.07 m x 3.57 m

Utilities

Cable Available
Sewer Installed

https://www.realtor.ca/real-estate/28308901/271-273-rideau-street-kingston-east-of-sir-john-a-blvd-22-east-of-sir-john-a-blvd

Contact Us

Contact us for more information

Generating Captcha

Your Favourites

 

No Favourites Found