380 Barrie Street, Kingston, ON K7K 3T4
- $979,000
- 8
- BD
- 4
- BA
- 2,000
- SqFt
- List Price
- $979,000
- MLS#
- X13582890
- Status
- ACTIVE
- Type
- Multifamily
- SubType
- Duplex
- Style
- 2-Storey
- Bedrooms
- 8
- Bathrooms
- 4
- Living Area
- 2000-2500
- Province
- ON
- Municipality
- Kingston
- Area
- Frontenac
- Neighborhood
- 22 - East of Sir John A. Blvd
- Subdivision
- Colborne
Property Description
Generating $78,000 in annual gross revenue is this recently updated duplex ideally located just steps from the downtown core and within easy walking distance to Queen's campus. Each spacious unit features large principal rooms, four bedrooms, and in-suite laundry, making this property highly attractive to tenants.This well-maintained building offers parking for three vehicles and currently generates $78,000 in annual gross income with tenants paying for utilities. An additional upside potential through monetizing the parking spaces. New leases are in place until end of April 2027 providing stable income and a truly turn-key opportunity for investors seeking immediate cash flow.The current owners have enjoyed zero vacancy throughout their ownership, underscoring the property's strong rental appeal and desirable location. New roof 2024.
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Additional Information
- Taxes
- $5,731
- Heat Type
- Baseboard
- Heat Source
- Electric
- Air Conditioning
- None
- Kitchens
- 2
- Exterior
- Aluminum Siding
- Waterfront Type
- None
- Garage Type
- None
- Pool
- None
- Parking Spaces
- 3
Mortgage Calculator
Listing courtesy of SUTTON GROUP-MASTERS REALTY INC., BROKERAGE.