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717 King St W, Kingston, Ontario K7M 2G3 (21176606) - Remax Rise

717 King St W,

Kingston Ontario, K7M 2G3

For sale

$1,099,900

Forced Air

An impressive 15 bedroom building, configured as three units located steps to St. Lawrence College and directly across from Tim Hortons in the heart of Portsmouth Village. Once a medium sized home, an addition was created in the last 6 years at the rear for an additional 2 units comprising of a 6 bedroom and 2 bedroom unit. The exterior offers an incredibly large lot with 6 designated parking spaces, a front patio and side covered porch. An additional side entrance allows for direct use of the mechanical area for landlords and trades people. Gross rent brings in just less than $90,000 a year. Landlord pays taxes, utilities, insurance and maintenance. The units are heated with gas (forced air) and rents could potentially be increased as they have not been raised in the last 5 years. Huge windows and generously sized living spaces make this asset stand out. Investing in new construction with significant scale in size make this a compelling acquisition to your portfolio. (id:33452)


Feature Sheet
MLS® Number K19006259
Parking Space Total 6
Property Type Multi-family
Age Age Is Unknown
Basement Development Finished
Basement Type Full (finished)
Exterior Finish Vinyl Siding
Fireplace Present No
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Utility Water Municipal Water




Estimated monthly mortgage payment


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Listing Agents

Mat Clancy

Sales Representative

Mobile: 343-363-7653

mat@remaxrise.com


Alfred Wong

Sales Representative

Mobile: 613-890-5058

alfred@remaxrise.com


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