Kingston - 14 - Central City East
Kingston - 14 - Central City East
Listed For $751,000
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242 Victoria St is a fantastic student rental investment property with an excellent cap rate. This property is situated in a premier location, very close to Queen's University campus and downtown, close to all amenities, and bus routes. This is a large building with over 2310 sq. It’s a multi-unit investment property with 9 spacious bedrooms and 3 full bathrooms bringing in an income of $52,512.00. 6 parking spots bring in additional income of $3,600.00. All units pay utilities. It’s been well managed by a premier property management company for over 30 years of great rental history. Very easy to rent! Currently an opportunity to move in your own kids on the top floor. A great property to add to or start your investment portfolio!
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