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493 College Street

Kingston (Central City East), ON K7L4M8

About this property

Great income, bringing in $125,000 in annual rent. Fully renovated 4-plex in an amazing location close to Queen's University, St. Lawrence College and Teachers College. The main building has 3 spacious units with two 3-bedroom units, one 4-bedroom unit, and an additional 1-bedroom separate unit. This 4-plex has been renovated from top to bottom, with new kitchens, bathrooms, flooring, and new 400-AMP electrical and plumbing systems. Each unit has its own laundry. The basement unit and the separate unit are completely new. All units are currently rented at great market rent. Great returns on this property with minimal effort required, with no work at all to be done to this property for a long time. Total annual expenses for taxes, maintenance, property manager, utilities and insurance are $22,000. Schedule your private viewing today. (id:374)

About this property

Great income, bringing in $125,000 in annual rent. Fully renovated 4-plex in an amazing location close to Queen's University, St. Lawrence College and Teachers College. The main building has 3 spacious units with two 3-bedroom units, one 4-bedroom unit, and an additional 1-bedroom separate unit. This 4-plex has been renovated from top to bottom, with new kitchens, bathrooms, flooring, and new 400-AMP electrical and plumbing systems. Each unit has its own laundry. The basement unit and the separate unit are completely new. All units are currently rented at great market rent. Great returns on this property with minimal effort required, with no work at all to be done to this property for a long time. Total annual expenses for taxes, maintenance, property manager, utilities and insurance are $22,000. Schedule your private viewing today. (id:374)

Features and Additional Information

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$1,575,000 Active
2,000 sqft
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Area Information

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$ 1,575,000
This listing is play_arrow 99.7% higher than the average in the area
$ 788,798 in the area
2,000 SqFt
This listing is play_arrow 48.1% larger than the average in the area
1,350 SqFt in the area
$ 788 $/SqFt
This listing is play_arrow 99.1% more than the average in the area
$ 396 $/SqFt in the area
13 days on site
This listing is play_arrow 74.0% below the average in the area
50 days on site in the area

Schools in the Area

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    Elementary School
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Listed By PIERRE NADEAU
Brokerage: EXP REALTY, BROKERAGE

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