Kingston, ON K7K 4A2,341 DIVISION ST
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Kingston, ON K7K 4A2,341 DIVISION ST
Kingston, ON K7K 4A2,341 DIVISION ST
Kingston, ON K7K 4A2,341 DIVISION ST
Kingston, ON K7K 4A2,341 DIVISION ST
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341 DIVISION ST Kingston, ON K7K 4A2

4 Beds

248 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 248 sqft

Price per Sqft $3,225

Subdivision 22 - East Of Sir John A. Blvd

MLS Listing ID X12168969

Bedrooms 4

Annual Tax Amount $4,568

Tax Year 2024

Property Sub-Type Investment

Property Description

Legal non-conforming triplex in a prime location perfect for capturing top market rents. Each unit has in-suite laundry and dedicated parking, making it easy to rent and manage. The building is in excellent condition with numerous recent upgrades including plumbing, electrical, furnace, roof, windows, soffits, and eaves. Featuring high ceilings and exposed brick, all units show beautifully. The property includes two 1-bedroom units and one 2-bedroomunit. Unit #1 (1 bed) rents for $1,850/month, Unit #3 (1 bed) rents for $1,600/month, and Unit#2 (2 bed) will be vacant June 30, with market rent estimated at $2,000/month. Total potential gross income is $65,400/year, with estimated annual expenses of $12,440, for a projected NOI of$52,960. A well-maintained, cash-flowing investment with wonderful tenants and strong rental appeal. Call, text, or email to book your showing.

Location

Province ON

County Frontenac

Community 22 - East Of Sir John A. Blvd

Area Frontenac

Rooms

Kitchen 3

Interior

Cooling No

Exterior

Utilities Available Available

Lot Frontage 25.0

Lot Depth 100.0

Building

New Construction false


Listed by RE/MAX RISE EXECUTIVES, BROKERAGE
agent

Amy J. Youngren

Sales Representative

+1(416) 624-8854

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341 DIVISION ST