63 Pembroke Street, Kingston, ON K7L 4N6

$999,900
9
BD
3
BA
2,000
SqFt

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List Price
$999,900
MLS#
X13625270
Status
ACTIVE
Type
Multifamily
SubType
Triplex
Style
3-Storey
Bedrooms
9
Bathrooms
3
Living Area
2000-2500
Province
ON
Municipality
Kingston
Area
Frontenac
Neighborhood
14 - Central City East
Subdivision
Union St To Pembroke Street

Property Description

A rare opportunity to own a well-maintained, fully tenanted triplex in one of Kingston's most desirable downtown neighbourhoods. Ideally located on a prestigious street within walking distance to Queen's University, Kingston's major hospitals, and the sought-after Winston Churchill Public School district, this exceptional investment property generates $5,810/month ($69,720 annually) in gross rental income, with potential to increase to $6,410/month ($76,920 annually) through one owner-reserved room currently being marketed for rent. Situated on an approximately 38.5 x 122 ft lot, the property offers strong cash flow with excellent upside potential. Seller will transfer the balance of prepaid rent to the buyer on closing.

Additional Information

Taxes
$10,210
Heat Type
Baseboard
Heat Source
Other
Air Conditioning
None
Kitchens
3
Exterior
Aluminum Siding
Garage Spaces
2
Garage Type
Detached
Pool
None
Parking Spaces
6
Parking Type
Private

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of RE/MAX FINEST REALTY INC., BROKERAGE.