ExpiredMultiplex

512-514 Macdonnell Street

Name: 512-514 Macdonnell Street - Expired
Brand: ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
Price: 1299900 CAD
Availability: OutOfStock

Kingston - 22 - East of Sir John A. Blvd

512-514 Macdonnell Street

Kingston - 22 - East of Sir John A. Blvd

$1,345,000

Listed For $1,299,900

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Expired

4 + 1 Bedrooms Bedrooms

5 Bathrooms Bathrooms

0 Garage Garage

Description

Amazing Investment opportunity for buyers looking in Downtown Kingston. This is an exceptional five-unit property in a great location, offering ease of maintenance, convenience, and income potential. Generating an annual income of over $90,000, this building is a solid investment .Close to shops, schools, and public transit, there is virtually never a vacancy. All units are up to date and most have been recently renovated. Four parking spots make the units even more desirable for tenants. Property consists of two one bedroom units and three one plus den units. This is a turnkey investment with great income and growth potential. Don't miss out.

Key facts for 512-514 Macdonnell Street

Tax$6,475 / 2024

Property TypeMultiplex, 3-Storey

Lot Size107.05 x 33.01 Feet

Size< 700 ft²

ParkingNone Spaces, Total 4 Spaces

Parking FeaturesLane

BasementApartment, Separate Entrance

Listing #X12352153

Days on Market--

Listing BrokerageROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE

Data SourcePROPTX

Inquire with Realtris

(866) 511-7171

info@realtris.ca

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Cash Flow Analysis

Est. Mortgage Payment

$6,348/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$4.2% net yield

Net Monthly Cash Flow-$1,387

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