Kingston - 14 - Central City East
Kingston - 14 - Central City East
Sold For$530,000
Listed For $549,900
Sold May 2021
This 2 storey home centrally located on Nelson Street, south of Princess St, is in close proximity to the downtown core and within easy walking distance to Queens University. Ideal for investors with many future options for growth, it is currently leased for $3000.00/month and the current tenants pay ALL utilities. Leased until April 2022. The current configuration is 5 bedrooms + den and 2 bathrooms, that could be easily converted to 6 bedrooms total. With separate access to the basement, there is potential for the addition of a 1 bedroom in-law suite. There are a bonus 4 vacant parking spots available for rent to add extra income to the bottom line. A solid investment with an above market CAP rate, (over 5.00%); If you are looking for stable, solid investment downtown, book your appointm
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