$1,575,000
Available - For Sale
Listing ID: X11938803
300-304 Montreal St , Kingston, K7K 3H1, Ontario
| Looking for a turn-key investment property? Tough to find in Kingston, this 4-plex is newly renovated and offers four very spacious 2 bedroom, 1 bath units (one unit could have a 3rd bedroom), each with a full kitchen and generous living space. Less than 40 years old, it's located on an express bus route, taking your tenants downtown in 5 minutes, and to Queens in 10! Clean & bright, with high ceilings and great tenants. Prepare to be impressed! Parking for 3 cars, separate hydro meters, laundry in each unit, new shingles 2019. All work done with necessary permits, great ROI. Call now to see it! |
| Price | $1,575,000 |
| Minimum Rental Term: | 12 |
| Taxes: | $6000.00 |
| Tax Type: | Annual |
| Assessment: | $405000 |
| Assessment Year: | 2024 |
| Occupancy by: | Tenant |
| Address: | 300-304 Montreal St , Kingston, K7K 3H1, Ontario |
| Postal Code: | K7K 3H1 |
| Province/State: | Ontario |
| Legal Description: | PT LT 4 W/S MONTREAL ST, 5 W/S MONTREAL |
| Lot Size: | 38.36 x 77.82 (Feet) |
| Directions/Cross Streets: | Charles |
| Category: | Apartment |
| Use: | Apts-2 To 5 Units |
| Building Percentage: | N |
| Total Area: | 4300.00 |
| Total Area Code: | Sq Ft |
| Area Influences: | Public Transit |
| Approximatly Age: | 31-50 |
| Taxes Expense: | $6000 |
| Insurance Expense: | $5000 |
| Management Expense: | 0 |
| Hydro Expense: | $5500 |
| Water Expense: | $2500 |
| Gross Income/Sales: | $110400 |
| Operating Expenses: | $20200 |
| Net Income Before Debt: | $90200 |
| Expenses Actual/Estimated: | $Est |
| Sprinklers: | N |
| Washrooms: | 4 |
| Outside Storage: | N |
| Volts: | 240 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | Part |
| Sewers: | Sanitary |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| SUTTON GROUP-MASTERS REALTY INC., BROKERAGE |
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|
Nick Sabouri
Sales Representative
Dir:
416-735-0345
Bus:
416-494-7653
Fax:
416-494-0016
| Virtual Tour | Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Frontenac |
| Municipality: | Kingston |
| Neighbourhood: | East of Sir John A. Blvd |
| Lot Size: | 38.36 x 77.82(Feet) |
| Approximate Age: | 31-50 |
| Tax: | $6,000 |
| Baths: | 4 |
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