130 King Street E Kingston, Ontario K7L 3A1

$1,725,000

Coveted and Historically designated 5 unit building is on the market after 35 years. The building overlooking City Park is an important part of the streetscape for both King and West street. This Sydenham Ward property ,when purchased ,had been just been extensively renovated so the infrastructure such as plumbing and electrical were updated in 1988. Further improvements have included 40 year shingles in 2009 and a recently completed renovation to unit 3 in 2022. The building features 3 (2) bedroom units and a 3 bedroom unit at 130 King St East as well as a 2 bedroom main floor unit on 45 West St. Each unit has it own unique features that set them apart from one another. The building being on the corner , allows views of King St and City Park on West St. as well as down to the Lake Ontario boat launch. Parking is rare commodity in the ward but 130 king has 5 designated parking spaces. The rents on the building are month to month with the exception of unit 3 with a lease which term ends in August. The owners have taken great care of the building as a review of the length of tenancies will illustrate. There is a lot of opportunity with this investment property going forward. If you are familiar with Sydenham Ward you are aware of the significance of the building on the park. Please find the current Financials for 130 King St East /45 West in the document section. (id:47482)

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https://www.realtor.ca/real-estate/25886341/130-king-street-e-kingston