Sold

$1,350,000

Property Type

Apartment Buiding

Lot Size

117.60×66.30

Taxes/Year

$15,457.80/2020

Property Description

8 UNIT purpose-built all brick apartment building in IMPECCABLE condition! 7 × two bedroom units. 1 × one bedroom apartment. Fully rented to excellent tenants. Each unit separately metered tenants pay own electricity. Owners pay electricity for common areas and gas, water, sewer of averaging $675/month. Additional income via coin operated laundry. Tons of parking. New gas furnaces × two, new gas hot water heater, new tar roof system approx. 2011. Many new kitchens, flooring, paint, etc. This property is a true turnkey, and has been fire-retrofitted for optimal safety for tenants and peace of mind for landlord. Located in high demand area and walking distance to downtown Kingston (10 min to ‘The Hub’), Queen’s University (24 min), Memorial Centre (3 min), grocery stores, schools, and more! add to your portfolio today!

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