1028 Johnson Street, Kingston, ON K7M 2N4
- $1,189,900
- 10
- BD
- 5
- BA
- 2,500
- SqFt
- List Price
- $1,189,900
- MLS#
- X13656320
- Status
- ACTIVE
- Type
- Multifamily
- SubType
- Multiplex
- Style
- 2-Storey
- Bedrooms
- 10
- Bathrooms
- 5
- Living Area
- 2500-3000
- Province
- ON
- Municipality
- Kingston
- Area
- Frontenac
- Neighborhood
- 18 - Central City West
- Subdivision
- Johnson St & Mowat Ave
Property Description
Exceptional investment opportunity with this 5-unit apartment building in a prime Kingston location, just minutes from Queen's University and the downtown core. Each unit features 2 bedrooms and 1 bathroom, with ample on-site surface parking for tenants. The property offers an estimated 33%+ upside in NOI through tenant turnover, along with additional value-add potential by converting the existing storage/laundry room into a sixth residential unit (subject to all required approvals).
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Additional Information
- Taxes
- $7,545
- Heat Type
- Radiant
- Heat Source
- Gas
- Air Conditioning
- None
- Kitchens
- 5
- Exterior
- Brick
- Waterfront Type
- None
- Garage Type
- None
- Pool
- None
- Parking Spaces
- 10
- Parking Type
- Private
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Listing courtesy of AXON REAL ESTATE BROKERAGE INC..