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717 King Street W Kingston, Ontario K7M 2G3

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$1,949,999

MLS® Number: X12780486
16 7 10

Calling All Investors! Fully Rented High-Cash-Flow Triplex on Oversized 75 x 164 Ft Lot Don't Miss This Rare opportunity to acquire a fully rented 3-unit income property offering a total of 16 bedrooms, 7 washrooms, and 3 kitchens, all with separate entrances! Delivering stable rental income. Unit 1 was renovated in 2021 and updated further in 2023 with a new kitchen. This unit features 8 bedrooms plus living room, full kitchen, laundry area, 4 washrooms, updated windows and doors, laminate flooring throughout, and a large concrete patio. The rear addition, built in 2014, consists of two units, the first featuring 6 bedrooms plus living room, kitchen, 2 full washrooms with separate dry/wet areas, and a separate entrance, providing efficient unit layout and strong tenant demand. The basement unit includes 2 bedrooms, 1 washroom, and an open-concept kitchen and living area, further maximizing rental yield. All this just a a short walk to Queens University and St. Lawrence College, Waterfront trails , fast food options and transit at the door step! (id:59126)

Property Details

MLS® Number X12780486
Property Type Multi-family
Community Name 18 - Central City West
Amenities Near By Hospital, Public Transit
Equipment Type Water Heater - Gas, Water Heater - Electric, Water Heater
Features Carpet Free
Parking Space Total 10
Rental Equipment Type Water Heater - Gas, Water Heater - Electric, Water Heater
Structure Porch

Building

Bathroom Total 7
Bedrooms Above Ground 16
Bedrooms Total 16
Appliances Dishwasher, Dryer, Stove, Washer, Two Refrigerators
Basement Features Apartment In Basement
Basement Type N/a
Cooling Type Central Air Conditioning, Air Exchanger
Exterior Finish Vinyl Siding
Fire Protection Smoke Detectors
Foundation Type Concrete, Stone
Half Bath Total 1
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 3,500 - 5,000 Ft2
Type Triplex
Utility Water Municipal Water

Land

Acreage No
Land Amenities Hospital, Public Transit
Sewer Sanitary Sewer
Size Depth 164 Ft
Size Frontage 75 Ft
Size Irregular 75 X 164 Ft
Size Total Text 75 X 164 Ft

Parking

No Garage

Utilities

Cable Available
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/29350930/717-king-street-w-kingston-central-city-west-18-central-city-west

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