432 Barrie Street, Kingston (east Of Sir John A. Blvd), Ontario

$1,099,000

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7

Beds

5

Baths

About 432 Barrie Street

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:36535)

Features of 432 Barrie Street

Listing # X13781810
Price $1,099,000
Bedrooms 7
Bathrooms 5.00
Acres 0.00
Type Multi-family

Community Information

Address 432 Barrie Street
Subdivision 22 - East of Sir John A. Blvd
City Kingston (east Of Sir John A. Blvd)
Province Ontario
Postal Code K7K3T9

Amenities

Amenities Park, Public Transit, Schools, Separate Heating Controls, Separate Electricity Meters
Parking Spaces 3
Parking No Garage
View City view
Is Waterfront No
Has Pool No

Interior

Appliances Water Heater, Dryer, Stove, Washer, Refrigerator
Heating Electric Baseboard heaters
Cooling None
Fireplace No
# of Stories 3
Has Basement No
Basement Type None

Exterior

Exterior Vinyl siding
Exterior Features Landscaped
Lot Description 45.3 x 52.2 FT|under 1/2 acre
Foundation Poured Concrete

Listing Details

OfficeCourtesy Of CENTURY 21 HERITAGE GROUP LTD., BROKERAGE

Listing Map