10 Bedroom
5 Bathroom
None
Radiant Heat
Acreage
$1,189,900
Exceptional investment opportunity with this 5-unit apartment building in a prime Kingston location, just minutes from Queen's University and the downtown core. Each unit features 2 bedrooms and 1 bathroom, with ample on-site surface parking for tenants. The property offers an estimated 33%+ upside in NOI through tenant turnover, along with additional value-add potential by converting the existing storage/laundry room into a sixth residential unit (subject to all required approvals). (id:49269)
Property Details
|
MLS® Number
|
X13656318 |
|
Property Type
|
Multi-family |
|
Community Name
|
18 - Central City West |
|
Parking Space Total
|
10 |
Building
|
Bathroom Total
|
5 |
|
Bedrooms Total
|
10 |
|
Age
|
31 To 50 Years |
|
Cooling Type
|
None |
|
Heating Type
|
Radiant Heat |
|
Type
|
Multi-family |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
Yes |
|
Size Depth
|
82 Ft |
|
Size Frontage
|
100 Ft |
|
Size Irregular
|
8309.73 |
|
Size Total
|
8309.73 Ac |
|
Size Total Text
|
8309.73 Ac |
|
Zoning Description
|
A2 |
https://www.realtor.ca/real-estate/30134679/1028-johnson-street-kingston-central-city-west-18-central-city-west