717 King Street W, Kingston, ON K7M 2G3
- $1,799,999
- 16
- BD
- 7
- BA
- 3,500
- SqFt
- List Price
- $1,799,999
- MLS#
- X13463654
- Status
- ACTIVE
- Type
- Multifamily
- SubType
- Triplex
- Style
- 2-Storey
- Bedrooms
- 16
- Bathrooms
- 7
- Living Area
- 3500-5000
- Province
- ON
- Municipality
- Kingston
- Area
- Frontenac
- Neighborhood
- 18 - Central City West
- Subdivision
- King St W Bwt Mcdonald & Mowat
Property Description
Calling All Investors! Fully Rented High-Cash-Flow Triplex on Oversized 75 x 164 Ft Lot Don't Miss This Rare opportunity to acquire a fully rented 3-unit income property offering a total of 16 bedrooms, 7 washrooms, and 3 kitchens, all with separate entrances! Delivering stable rental income. Unit 1 was renovated in 2021 and updated further in 2023 with a new kitchen. This unit features 8 bedrooms plus living room, full kitchen, laundry area, 4 washrooms, updated windows and doors, laminate flooring throughout, and a large concrete patio. The rear addition, built in 2014, consists of two units, the first featuring 6 bedrooms plus living room, kitchen, 2 full washrooms with separate dry/wet areas, and a separate entrance, providing efficient unit layout and strong tenant demand. The basement unit includes 2 bedrooms, 1 washroom, and an open-concept kitchen and living area, further maximizing rental yield. All this just a a short walk to Queens University and St. Lawrence College, Waterfront trails , fast food options and transit at the door step!
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Additional Information
- Taxes
- $8,783
- Heat Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning
- Central Air
- Kitchens
- 3
- Exterior
- Vinyl Siding
- Waterfront Type
- None
- Garage Type
- None
- Pool
- None
- Parking Spaces
- 10
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Listing courtesy of SUTTON GROUP-HERITAGE REALTY INC..