LOADING

442-444 Montreal Street Kingston, Ontario K7K 3H7

4 Bathroom 4908.34 sqft
Forced Air

$550,000.00

Approx. going-in cap rate of 6.2% @ $137k/unit. 4x 1-bedroom units, approx. 700 sqft each. An add-value investors ideal next project. Approx. 31% lift on overall rent roll once stabilized. Hydro is separately metered; however, the landlord currently pays - opportunity to pass this expense to tenants in the future to decrease overall expenses and increase NOI. Steel Roof (2014) , Furnace (2021). 3 Parking spots. (id:52904)

Property Details

MLS® Number X9005222
Property Type Multi-family
Parking Space Total 4

Building

Bathroom Total 4
Appliances Refrigerator, Stove, Two Stoves
Heating Fuel Electric
Heating Type Forced Air
Size Interior 4908.34 Sqft
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Size Depth 105 Ft
Size Frontage 56 Ft
Size Irregular 56.08 X 105.04 Ft
Size Total Text 56.08 X 105.04 Ft
Zoning Description A

https://www.realtor.ca/real-estate/27113187/442-444-montreal-street-kingston

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