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$2,050,000
Available - For Sale
Listing ID: X9412368
Welcome to this exceptionally maintained legal duplex steps to Queens main campus and the waterfront. Offering a total of 12 bedrooms, it is a prime student rental investment opportunity with an annual income of $129,456. Unit 187A is leased at $5,562/mth+ utilities, and 187B leased at $5,226/mth+ utilities (tenants leaving April 30th, 2025). This spacious two storey unit is complete with 6 oversized bedrooms, 2 full bathrooms, a bright open concept kitchen/living/dining area, and convenience of second storey laundry. Many upgrades throughout including new metal roof (2021), flooring (2024). Four parking spots are located at the rear of the property for convenience and future income generation. The garage at the rear of the property offers extra storage space and is a valuable amenity for tenants and owner/maintenance storage. Don't miss out on this opportunity to own a well-maintained, income-generating property. 24hours notice needed for all showings.
Price $2,050,000
Taxes: $9,346.6
Assessment: $647000
Assessment Year: 2016
Occupancy by: Tenant
Address: 187 ALFRED St , Kingston, K7L 3R8, Ontario
Postal Code: K7L 3R8
Province/State: Ontario
Legal Description: PT LT 870-871 PL A12 KINGSTON CITY AS IN
Lot Size: 28 x 165 (Feet)
Directions/Cross Streets: Johnson St to Alfred St (Between Johnson and Earl)
Zoning: URM4
Total Area: 3,140
Total Area Code:  Sq Ft
Insurance Expense: $6640
Maintenance: 3,600
Expenses Actual/Estimated: $Act
Heat Type: Baseboard
Central Air Conditioning: None
Sewers: Sewers
Water: Municipal
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
eXp Realty, Brokerage

187 ALFRED St , Kingston, K7L 3R8, Ontario


 
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Type: Com - Investment
Area: Frontenac
Municipality: Kingston
Neighbourhood: Central City East
Style:
Lot Size: 28.00 x 165.00(Feet)
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Tax: $9,346.6
Maintenance Fee: $3,600
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Baths: 4
Garage: 0
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