186 Rideau Street Kingston, Ontario K7K 3A3

11 Bedroom 6 Bathroom 3,500 - 5,000 ft2
None Other Landscaped

$1,459,000

Attention Investors! Here is a rare opportunity to acquire a rock-solid, fully tenanted 6-plex at 186 Rideau Street, making it a turnkey addition to any multi-family portfolio. This prime property features an excellent, high-demand unit mix of one, two and three bedroom layouts, all occupied by reliable, long-term tenants and offers potential for future appreciation and rental upside. Convenience is key with dedicated parking for 6 vehicles and on-site coin laundry for extra revenue streams. Select apartments boast beautiful water views. Major capital improvements have already been taken care of, including a steel roof and high-efficiency boiler heating system for worry-free ownership and optimized utility costs. Offering a balance of cash flow, long-term stability, and an unbeatable location, this exceptional investment opportunity is ready for its next owner. Schedule your private viewing today! Rent roll, expenses and list of property updates available upon request. (id:29295)

Property Details

MLS® Number X13151032
Property Type Multi-family
Community Name 22 - East of Sir John A. Blvd
Equipment Type Water Heater
Features Carpet Free
Parking Space Total 6
Rental Equipment Type Water Heater
Structure Porch
View Type City View, Lake View

Building

Bathroom Total 6
Bedrooms Above Ground 11
Bedrooms Total 11
Appliances Dishwasher, Dryer, Stove, Washer, Refrigerator
Basement Development Unfinished
Basement Type Partial (unfinished)
Cooling Type None
Exterior Finish Vinyl Siding
Foundation Type Stone
Heating Type Other
Stories Total 2
Size Interior 3,500 - 5,000 Ft2
Type Other
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Landscape Features Landscaped
Sewer Sanitary Sewer
Size Depth 132 Ft
Size Frontage 52 Ft
Size Irregular 52 X 132 Ft
Size Total Text 52 X 132 Ft

https://www.realtor.ca/real-estate/29778622/186-rideau-street-kingston-east-of-sir-john-a-blvd-22-east-of-sir-john-a-blvd

Jill Keeling
Salesperson

(613) 484-1270

Century 21 Heritage Group Ltd., Brokerage
914 Princess Street
Kingston, Ontario K7L 1H1

(613) 817-8380
(613) 817-8390