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All brick legal duplex with amazing income potential in the highly desirable Kings court area. Upper level includes 3 spacious bedrooms and 1 full bathroom, with a large living/dining room, eat-in kitchen with breakfast area and potential for ensuite laundry. Lower level includes a second self-contained unit with 3 spacious bedrooms and 1 full bathroom, with living room and ensuite laundry room and 2 separate entrances. Large backyard in the rear with a detached single car garage and parking pad in the front for 2 cars. Current income $43k+, potential income $55k+ with positive cash flow - $60k+ as a student rental! Property needs work but a great investment opportunity with excellent value add potential!
Both units tenanted mth-to-mth, upper-$1819.37/mth all incl; lower-$1775/mth all incl. Hydro metered separately for 2 units. Utilities last 12 mth avg: $407/mth & $178/mth.
City: Kingston
Purchase Price | $499000 |
Down Payment | $99800 |
Mortgage Insurance | $0 |
Total Mortgage | $399200 |
Mortgage Payment | $2460 |
Property Taxes | $299 |
Maintenance Fees | $0 |
Monthly Payment | $2759 |
Located at 579 Macdonnell St , this Kingston house is available for sale. This property was listed for $499,000 on Sat Apr 06 2024. This house's size is 33.00 x 112.00 Feet. It has 3 bedrooms and 2 bathrooms. The property includes the following rooms: Living, Kitchen, Breakfast, Prim Bdrm, 2nd Br, 3rd Br, Living, Kitchen, Prim Bdrm, 2nd Br, 3rd Br, Laundry. This property comes with 3 parking spots.
MLS#: X8152688 · $499,000 · 3 bedroom house in Kingston