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142 Colborne Street Unit# 1,2,3,4 Kingston, Ontario K7K 1E2

5 Bedroom 4 Bathroom 1866
None Hot Water Radiator Heat


142 Colborne presents an attractive multi-unit fourplex with the opportunity to invest in an appreciating asset ideally located within walking distance to downtown, Queen's, KGH, and plenty of area amenities and public transportation. The property and units show extremely well and pride of ownership is evident. There is little that needs to be done at this property providing an exceptional turn key investment opportunity. Each unit has a separate electrical service with 4 meters in total. A newer gas boiler installed in 2021 provides efficient water radiant heat to the units. The exterior is well maintained with new vinyl siding added 2023. The C1, C1-1, C1-26 zoning provides for a legal non-conforming use as well as commercial potential. Gross income is $71 700.00 with good upward potential. Landlord pays water/sewer/gas and tenants pay hydro with the exception of Unit #4 (which just received its own meter). The property also features a separate entrance for the mechanical mechanical room/basement, as well as two parking spaces (one in the detached garage and one beside). The property has been very well maintained and shows very well. Don't miss this opportunity to add a quality property to your portfolio! (id:47482)

Property Details

MLS® Number 40458403
Property Type Multi-family
Amenities Near By Park, Public Transit
Communication Type High Speed Internet
Structure Shed, Porch


Bathroom Total 4
Bedrooms Total 5
Basement Development Unfinished
Basement Type Partial (unfinished)
Constructed Date 1918
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Brick, Vinyl Siding
Fire Protection Smoke Detectors
Heating Type Hot Water Radiator Heat
Stories Total 3
Size Interior 1866
Type Fourplex
Utility Water Municipal Water


Detached Garage


Access Type Road Access
Acreage No
Land Amenities Park, Public Transit
Sewer Municipal Sewage System
Size Depth 92 Ft
Size Frontage 25 Ft
Size Total Text Under 1/2 Acre
Zoning Description C1, C1-1, C1-26


Electricity Available
Natural Gas Available
Telephone Available


Contact us for more information

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Jan P. Kahlen

(613) 545-7156

RE/MAX Finest Realty Inc., Brokerage
105-1329 Gardiners Rd
Kingston, Ontario K7P 0L8

(613) 389-7777

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