493 COLLEGE STREET
Kingston (Central City East), Ontario
MLS® X14098082
$1,575,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X14098082
- Bedrooms
- 11
- Bathrooms
- 4
- Year built
- —
Listing description
Great income, bringing in $125,000 in annual rent. Fully renovated 4-plex in an amazing location close to Queen's University, St. Lawrence College and Teachers College.
The main building has 3 spacious units with two 3-bedroom units, one 4-bedroom unit, and an additional 1-bedroom separate unit. This 4-plex has been renovated from top to bottom, with new kitchens, bathrooms, flooring, and new 400-AMP electrical and plumbing systems. Each unit has its own laundry.
The basement unit and the separate unit are completely new. All units are currently rented at great market rent. Great returns on this property with minimal effort required, with no work at all to be done to this property for a long time.
Total annual expenses for taxes, maintenance, property manager, utilities and insurance are $22,000. Schedule your private viewing today.
Property summary
- MLS® number
- X14098082
- Property type
- Multi-family
- Building type
- Other
- Land size
- 45 x 125 FT
- Annual property taxes
- $7,641.88
- Parking
- 6 spaces · Detached Garage, Garage
- Days on market
- 13 days
Features & details
- Heating
- Heat Pump, Forced air, Natural gas
- Cooling
- Central air conditioning
- Basement
- Finished, Full, Apartment in basement, N/A, N/A
- Appliances
- Washer, Refrigerator, Water meter, Dishwasher, Stove, Dryer, Microwave, Window Coverings, Water Heater
- Exterior features
- Brick, Aluminum siding
What would this home cost you?
Based on the $1,575,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of EXP REALTY, BROKERAGE, KINGSTON.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.