SOLID 5-UNIT INVESTMENT PROPERTY IN AMAZING LOCATION Here's your opportunity to acquire a prime 5-plex in the heart of downtown Kingston, with a stellar rental history. Perfectly situated at 432 Barrie Street, this turnkey property features an ideal, high-demand unit mix consisting of four 1-bedroom apartments and a spacious 3-bedroom unit, as well as dedicated parking for 3 vehicles. Each unit is separately metered for hydro, and the property features on-site coin laundry for an additional, steady revenue stream. A nice highlight is the value-add potential. Much in demand 1-bedroom units provide stable cash flow, and the 3-bedroom unit is currently vacant, offering an immediate opportunity to update the space and improve rental income. 432 Barrie offers an unbeatable combination of location, stability, and immediate upside! Schedule your private viewing today! Rent roll, expenses and a list of property updates available upon request. (id:47482)
| MLS® Number | X13151026 |
| Property Type | Multi-family |
| Community Name | 22 - East of Sir John A. Blvd |
| Amenities Near By | Park, Public Transit, Schools |
| Community Features | Community Centre |
| Equipment Type | Water Heater |
| Parking Space Total | 3 |
| Rental Equipment Type | Water Heater |
| View Type | City View |
| Bathroom Total | 5 |
| Bedrooms Above Ground | 7 |
| Bedrooms Total | 7 |
| Age | 51 To 99 Years |
| Amenities | Separate Heating Controls, Separate Electricity Meters |
| Appliances | Water Heater, Dryer, Stove, Washer, Refrigerator |
| Basement Type | None |
| Cooling Type | None |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Poured Concrete |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 3 |
| Size Interior | 2,500 - 3,000 Sqft |
| Type | Other |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | No |
| Land Amenities | Park, Public Transit, Schools |
| Landscape Features | Landscaped |
| Sewer | Sanitary Sewer |
| Size Depth | 52 Ft ,2 In |
| Size Frontage | 45 Ft ,3 In |
| Size Irregular | 45.3 X 52.2 Ft |
| Size Total Text | 45.3 X 52.2 Ft|under 1/2 Acre |
Contact us for more information
Jill Keeling
Salesperson
(613) 817-8380
(613) 817-8390