Kingston - 18 - Central City West
Kingston - 18 - Central City West
Sold For$451,200
Listed For $464,900
Sold Jun 2017
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SOLID INVESTMENT PROPERTY STEPS FROM ST. LAWRENCE COLLEGE Deceptively large with amazing location on the doorstep of SLC, 7 full-size bedrooms with closets and windows (potential for at least 1 more), 2 bathrooms with showers, fully-equipped kitchen, rec room, coin laundry, ample parking, on-demand hot water, new energy efficient furnace and AC. Not your typical rental! Fully rented every year and currently fully leased until April 2018. The numbers speak for themselves: current annual income of $37,800, with potential of over $52,000. The added bonus of a solar microfit contract until 2033 provides additional income of appox. $6000 annually. That translates to almost an additional $100,000 over the remaining term of the contract. Call for more info on income/expenses/solar retrofit.
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* Values are estimates only and not a guarantee of lending or affordability.