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February 21, 2018
$399,900 For Sale
537 ALFRED Street, KINGSTON, Ontario, Canada, K7K4J6
Baseboard heaters, Central heating
Offering a 4 Plex investment property (with separate meters) located kitty corner to the Memorial Center and Aqua Park in downtown Kingston. The property features new siding (2017), soffit and fascia (2017), updated electrical (2016), New roof in 2011. This property is currently fully rented at the following rates: Unit 1 : $920 + hydro (3 bedroom) , Unit 2: $640+ hydro (1 bedroom tenant has been there for 24 yrs), Unit 3: 2 Bedroom $870 + hydro, Unit 4: 1 Bedroom rented for $725+ hydro (Renovated in 2017). Owner pays water and sewer (approx $110 per month) and all other utilities are covered by tenants. Very good earning building with 8% cap rate returns. Please allow 24hrs for showings. (id:5856)
Listing Contracted With: CENTURY 21 CHAMP REALTY LIMITED, BROKERAGE
(Independently Owned & Operated)
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.
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