42
See all 42 photos
$1,099,000
Est. payment /mo
7 Beds
5 Baths
2,500 SqFt
New
432 BARRIE STREET Kingston (east Of Sir John A. Blvd), ON K7K3T9
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500 - 3000
Square Footage 2,500 sqft
Price per Sqft $439
Subdivision 22 - East Of Sir John A. Blvd
MLS® Listing ID X13781810
Bedrooms 7
Property Description
TURNKEY 5-PLEX IN DOWNTOWN KINGSTON - CASH FLOW NOW, ROOM TO GROW. This is the perfect time to start or expand your investment portfolio in Kingston, Ontario, and 432 Barrie Street is the perfect property to do it. This solid 5-plex offers an in-demand mix of 4 x 1-bedroom units and one 3-bedroom unit. Tenants pay hydro (electric heat) and each unit is separately metered. On-site coin laundry and dedicated parking for 3 vehicles provide additional steady income each month. The building attracts quality tenants - young professionals and students - with turnover averaging around every 2 years. Units have been consistently updated. Bonus: with some units currently below market rents, there is a clear path to grow income as leases turnover. Location, stability, and upside, all in one address. Rent roll, expenses, and property updates available on request. Schedule your private showing today. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters
Cooling None
Exterior
Parking Features No
Community Features Community Centre
View Y/N Yes
View City view
Attached Garage No
Total Parking Spaces 3
Garage No
Private Pool No
Building
Lot Description Landscaped
Story 3
Sewer Sanitary sewer
Others
Virtual Tour https://youriguide.com/432_barrie_st_kingston_on/
Listed by CENTURY 21 HERITAGE GROUP LTD., BROKERAGE