6688 Highway 38 N/A, Frontenac, ON K0H 2W0
- $499,000
- 6
- BD
- 5
- BA
- 2,500
- SqFt
- List Price
- $499,000
- MLS#
- X13533550
- Status
- ACTIVE
- Type
- Multifamily
- SubType
- Multiplex
- Style
- 2-Storey
- Bedrooms
- 6
- Bathrooms
- 5
- Living Area
- 2500-3000
- Province
- ON
- Municipality
- Frontenac
- Area
- Frontenac
- Neighborhood
- 47 - Frontenac South
- Subdivision
- Hwy 38 In Verona
Property Description
Welcome to 6688 Highway 38, right in the heart of Verona. This is a great opportunity to pick up a 6-unit building with immediate cash flow and real upside.Located just 20 minutes north of Kingston, this property sits in a growing area with strong rental demand. The building consists of five 1-bedroom units and one bachelor. Five units are currently rented, with one owner-occupied, giving you the option to move in or set your own rent.Sitting on a large lot directly on Highway 38, there's a detached garage/storage building and plenty of parking at the back. Some of the units even have water views, which is a nice bonus for tenants.Buildings like this don't come up often-especially ones that are already operating but still have room for improvement. It's priced with the current condition in mind, so there's a solid opportunity here for the right buyer.
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Additional Information
- Taxes
- $1,959
- Heat Type
- Baseboard
- Heat Source
- Electric
- Air Conditioning
- None
- Kitchens
- 6
- Exterior
- Vinyl Siding
- Waterfront Type
- None
- Garage Spaces
- 1
- Garage Type
- Attached
- Pool
- None
- Parking Spaces
- 9
- Parking Type
- Private
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Listing courtesy of REVEL REALTY INC., BROKERAGE.