MLS# H4172089 Price: $1,399,990
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**Attention Savvy Investors** This is your chance to create generational wealth with this spectacular purpose built turnkey student rental property generating 120k in annual rents (Fully Leased). 9 minutes to Queens U and fantastic area amenities. Main house features 4 Beds 2 Baths with BRAND NEW LEGAL addition adding 4 Beds + 3 Dens & 3 Baths to this cash flow machine. FEATURES INCLUDE: 2 Kitchens w/3rd roughed in, 3 Fridges, 2 Stoves, 2 microwaves, 3 laundry pairs, 2 TV's, 2 decks, detached garage, 3 water heaters (owned), 2 electrical panels w/sub panel, carpet free with hardwood/vinyl/ceramic flooring, glass showers, electric fireplace, & select furniture. Very efficient as tenants pay all utilities due to separate hydro meters, heated flooring, and electric baseboards all with separate thermostats. Very low operating and capital costs make this a cornerstone property for a first time investor or a pinnacle addition to any portfolio.
85
Very Walkable
59 Good Transit
Property Details: 271 MACDONNELL Street (near MACK ST & MACDONNELL )
Listing# 151765
Location
Address |
271 MACDONNELL Street |
City |
Kingston |
Cross Streets |
MACK ST & MACDONNELL |
District |
Kingston |
Neighbourhood |
Kingston |
Listing Agent |
Michael Bedioui |
Description
Sub Type |
Duplex - Side/Side |
Type |
Detached |
Price |
$ 1,399,990 |
Lease Rate Per |
For Sale |
Style |
2 Storey |
Approx. Age |
New |
Location |
Kingston |
Construction |
Brick Metal/Stone Siding |
Heating |
Baseboard |
Square Footage |
2167 |
Features
Property Features |
Separate Hydro Meters Sewage Pump Sump Pump |
Bedrooms |
9 |
Garage |
Detached |
|
|
Room Details All dimensions are in square feet (sq ft).
Level |
Name |
Width |
Length |
Description |
Notice! Information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy we regret that we cannot guarantee it. All information subject to change and/or withdrawal without notice.