432 Barrie Street Kingston, Ontario K7K 3T9

7 Bedroom 5 Bathroom 2,500 - 3,000 ft2
None Baseboard Heaters Landscaped

$1,099,000

TURNKEY 5-PLEX IN DOWNTOWN KINGSTON - CASH FLOW NOW, ROOM TO GROW. This is the perfect time to start or expand your investment portfolio in Kingston, Ontario, and 432 Barrie Street is the perfect property to do it. This solid 5-plex offers an in-demand mix of 4 x 1-bedroom units and one 3-bedroom unit. Tenants pay hydro (electric heat) and each unit is separately metered. On-site coin laundry and dedicated parking for 3 vehicles provide additional steady income each month. The building attracts quality tenants - young professionals and students - with turnover averaging around every 2 years. Units have been consistently updated. Bonus: with some units currently below market rents, there is a clear path to grow income as leases turnover. Location, stability, and upside, all in one address. Rent roll, expenses, and property updates available on request. Schedule your private showing today. (id:29295)

Property Details

MLS® Number X13781810
Property Type Multi-family
Community Name 22 - East of Sir John A. Blvd
Amenities Near By Park, Public Transit, Schools
Community Features Community Centre
Equipment Type Water Heater
Parking Space Total 3
Rental Equipment Type Water Heater
View Type City View

Building

Bathroom Total 5
Bedrooms Above Ground 7
Bedrooms Total 7
Age 51 To 99 Years
Amenities Separate Heating Controls, Separate Electricity Meters
Appliances Water Heater, Dryer, Stove, Washer, Refrigerator
Basement Type None
Cooling Type None
Exterior Finish Vinyl Siding
Foundation Type Poured Concrete
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 3
Size Interior 2,500 - 3,000 Ft2
Type Other
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Land Amenities Park, Public Transit, Schools
Landscape Features Landscaped
Sewer Sanitary Sewer
Size Depth 52 Ft ,2 In
Size Frontage 45 Ft ,3 In
Size Irregular 45.3 X 52.2 Ft
Size Total Text 45.3 X 52.2 Ft|under 1/2 Acre

https://www.realtor.ca/real-estate/30276128/432-barrie-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