691 MONTREAL Street, Kingston, Ontario, K7K3J3
Sales Representatives
Sutton Group - Masters Realty Inc. Brokerage*
Cell: 613-530-6737
Tel: 613-384-5500
$599,900 - For sale
Attention Investors, I rare opportunity to purchase a 4 unit building (11 bedrooms total) for under 600,000 in the Kingston downtown area. This property consists of 3 - 3 bedroom units and one 2 bedroom unit with great income potential. Currently unit 1 - main level 3 bedroom and unit 2 - a 3 level, 3 bedroom are vacant giving the new owner the opportunity to update and set the rents to todays rental market value. Unit 3 - is a large 3 bedroom unit on the top floor with good month-to-month tenants paying $1200.00 per month. Unit 4 - is a 2-bedroom unit in the basement with walkout access to the back cement patio. This unit is currently rented to a good month-to-month tenant for $800.00 per month. All units pay their own heat and hydro (electric heat). Owner pays the water/sewer about $300.00 per month. The building has parking for 5 at the front. This property will require some TLC to maximum the rental potential and give the new owner a solid investment. (id:2471)
Location DescriptionMontreal St near Rideau St
- Property Address:691 MONTREAL Street, Kingston, Ontario, K7K3J3
- Property Type:Multi-family
- Title:Freehold
- Lot Size:under 1/2 acre
- Acreage:under 1/2 acre
- Sewage Type:Municipal sewage system
- Water Type:Municipal water
- Parking Space Total:5
- Structure Style:Fourplex
- Bedrooms:11
- Bathrooms:4
- Floor Space:2950
- Heating Type:Electric
- Storeys:2
- Basement Type:Full (Partially finished)
- Foundation Type:Poured Concrete
- Cooling Type:None
- Exterior Type:Brick, Stucco
Sales Representatives
Sutton Group - Masters Realty Inc. Brokerage*
Cell: 613-530-6737
Tel: 613-384-5500
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- Map 691 MONTREAL Street, Kingston, Ontario, K7K3J3
- Neighbourhood Information
691 MONTREAL Street, Kingston, Ontario, K7K3J3
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