418 College ST new Save Request In-Person Tour Request Virtual Tour
Kingston,ON K7L 4M7
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision 14 - Central City East
MLS Listing ID X12162289
Style 2-Storey
Bedrooms 8
Annual Tax Amount $7,066
Tax Year 2024
Property Sub-Type Triplex
Property Description
Beautiful purpose built triplex in fantastic downtown, south side location. This well cared for property consists of 2 large 3 BR units on the main and upper floors and a 2 BR unit on the lower level. The main and upper level have the exact same layout consisting of a bright very large LR/DR area with huge windows, well sized updated kitchen with ceramic floors and backsplash, 3 spacious BRs and 4 pc bath. The lower level has full sized windows, an updated large kitchen, LR/DR area, 2 BRs and 4 pc bath. There are hardwood floors throughout in all units except the kitchen and baths. This property is perfect for either owner occupied (the ceiling on the main floor has been soundproofed) with income or as an investment. There is plenty of parking in the back as well as a 2 car detached garage. Each unit comes with a dishwasher and includes most furnishings. There is coin operated laundry in the lower level. The windows, furnace and 1 hwt have been updated as well. The main floor unit is on a yearly lease. The 2 other units are currently air bnb for the summer to allow a prospective buyer the option for an owner occupied unit if desired. Previous yearly lease gross income of $86,640 and net income approximately $66,000 per year.
Location
Province ON
County Frontenac
Community 14 - Central City East
Area Frontenac
Rooms
Family Room No
Basement Apartment
Kitchen 3
Separate Den/Office 2
Interior
Interior Features Carpet Free,Water Heater Owned
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Garage Spaces 2.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 41.99
Lot Depth 150.4
Total Parking Spaces 6
Building
Unit Features Hospital,Park,Place Of Worship,Public Transit,School
Foundation Poured Concrete
Others
Virtual Tour https://mail.google.com/mail/u/0/#inbox/FMfcgzQbfLbQSZjrNlTmfwFjfFVgbKMN?projector=1