1348 Princess Street, Kingston, ON K7M 3E2
- $725,000
- 6
- BD
- 3
- BA
- 1,500
- SqFt
- List Price
- $725,000
- MLS#
- X12997692
- Status
- ACTIVE
- Type
- Multifamily
- SubType
- Triplex
- Style
- 1 1/2 Storey
- Bedrooms
- 6
- Bathrooms
- 3
- Living Area
- 1500-2000
- Province
- ON
- Municipality
- Kingston
- Area
- Frontenac
- Neighborhood
- 25 - West of Sir John A. Blvd
- Subdivision
- Portsmouth Avenue
Property Description
Turnkey, fully tenanted triplex in a prime central Kingston location offering strong, reliable income. This well-maintained property features three spacious 2-bedroom units, each with a full bath and in-suite laundry, appealing to quality long-term tenants. Current rents are $1,800 for Unit 1 and $1,600 each for Units 2 and 3. Tenants pay heat and hydro, while the landlord covers water and sewer, ensuring stable and predictable expenses. Ideally located near Kingston Centre, downtown, Queen's University, and St. Lawrence College, with easy access to transit and Highway 401. Surrounded by amenities, this is an excellent opportunity to secure a solid investment in a high-demand rental area.
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Additional Information
- Taxes
- $5,151
- Heat Type
- Baseboard
- Heat Source
- Electric
- Air Conditioning
- None
- Kitchens
- 3
- Exterior
- Vinyl Siding
- Garage Spaces
- 1
- Garage Type
- Attached
- Pool
- None
- Parking Spaces
- 5
- Parking Type
- Front Yard Parking
Mortgage Calculator
Listing courtesy of RE/MAX FINEST REALTY INC., BROKERAGE.