6688 HIGHWAY 38
Frontenac (Frontenac South), Ontario
MLS® X13533550
$499,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13533550
- Bedrooms
- 6
- Bathrooms
- 5
- Year built
- —
1 / 49Listing description
Welcome to 6688 Highway 38, right in the heart of Verona. This is a great opportunity to pick up a 6-unit building with immediate cash flow and real upside. Located just 20 minutes north of Kingston, this property sits in a growing area with strong rental demand.
The building consists of five 1-bedroom units and one bachelor. Five units are currently rented, with one owner-occupied, giving you the option to move in or set your own rent. Sitting on a large lot directly on Highway 38, there's a detached garage/storage building and plenty of parking at the back.
Some of the units even have water views, which is a nice bonus for tenants. Buildings like this don't come up often-especially ones that are already operating but still have room for improvement. It's priced with the current condition in mind, so there's a solid opportunity here for the right buyer.
Property summary
- MLS® number
- X13533550
- Property type
- Multi-family
- Building type
- Other
- Land size
- 88.2 x 294 FT
- Annual property taxes
- $1,959.00
- Parking
- 9 spaces · Attached Garage, Garage
- Days on market
- 54 days
Features & details
- Heating
- Baseboard heaters, Electric
- Cooling
- None
- Basement
- None
- Appliances
- Refrigerator, Stove
- Exterior features
- Vinyl siding
What would this home cost you?
Based on the $499,000 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 REVEL REALTY INC., 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.