39
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$1,980,000
Est. payment /mo
6 BD
4 BA
Active
187 ALFRED ST Kingston, ON K7L 3R8
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UPDATED:
11/13/2024 04:12 PM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
Subdivision Central City East
MLS Listing ID X10420862
Style 2-Storey
Bedrooms 6
Annual Tax Amount $9,346
Tax Year 2023
Property Description
Welcome to this exceptionally maintained 12 bedroom legal duplex steps to Queen's main campus and the waterfront. It is a prime student rental investment opportunity with a current income of $129,456. Unit 187A is leased at $5,562/mth + utilities, and 187B is leased at $5,226/mth+ utilities (tenants leaving April 30th, 2025). Each spacious 2-storey unit is complete with 6 oversized bedrooms, 2 full bathrooms, a bright open concept kitchen/living/dining area, and convenience of second-storey laundry. Many upgrades including a new metal roof (2021), and flooring (2024). Four parking spots are located at the rear of the property for convenience and future income generation. The garage at the rear of the property offers extra storage space and is a valuable amenity for tenants and owner/maintenance storage. Don't miss out on this opportunity to own a well-maintained, income-generating property. 24-hour notice is needed for all showings.
Location
Province ON
County Frontenac
Community Central City East
Area Frontenac
Zoning URM4
Rooms
Basement Crawl Space, Unfinished
Kitchen 2
Interior
Interior Features Separate Heating Controls
Cooling None
Inclusions 2 fridges, 2 stoves, 2 washers, and 2 dryers.
Exterior
Parking Features Detached
Garage Spaces 5.0
Pool None
Roof Type Metal
Building
Foundation Other
Lited by EXP REALTY, BROKERAGE