10 Bedroom
5 Bathroom
2,500 - 3,000 sqft
None
Radiant Heat
$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
|
X13656320 |
|
Property Type
|
Multi-family |
|
Community Name
|
18 - Central City West |
|
Parking Space Total
|
10 |
Building
|
Bathroom Total
|
5 |
|
Bedrooms Above Ground
|
10 |
|
Bedrooms Total
|
10 |
|
Age
|
31 To 50 Years |
|
Amenities
|
Separate Electricity Meters |
|
Appliances
|
Water Heater - Tankless, Water Heater |
|
Basement Features
|
Apartment In Basement |
|
Basement Type
|
N/a |
|
Cooling Type
|
None |
|
Exterior Finish
|
Brick |
|
Foundation Type
|
Block |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Radiant Heat |
|
Stories Total
|
2 |
|
Size Interior
|
2,500 - 3,000 Sqft |
|
Type
|
Other |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
82 Ft |
|
Size Frontage
|
100 Ft |
|
Size Irregular
|
100 X 82 Ft |
|
Size Total Text
|
100 X 82 Ft|under 1/2 Acre |
|
Zoning Description
|
A2 |
https://www.realtor.ca/real-estate/30134680/1028-johnson-street-kingston-central-city-west-18-central-city-west