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196 Concession Street Kingston, Ontario K7K 2B5

21 Bedroom 11 Bathroom 10000
None Hot Water Radiator Heat, Radiator, Steam Radiator

$2,200,000

Discover a lucrative investment opportunity in downtown Kingston with this 11-unit apartment building. Currently, rental rates are below market value, presenting an immediate opportunity for increased revenue. The property offers room for strategic expansion, with space for an additional unit, potentially creating a 12-unit complex for enhanced income. Located in a thriving neighborhood with consistent population growth, the property is poised for success amidst the ongoing urban transformation and rising demand for rental spaces. Act now to secure this prime real estate in downtown Kingston's rapidly developing market. Call for more information or to schedule a tour. Explore the media section for more property information, photos, and financial details. (id:47482)

Property Details

MLS® Number 40526669
Property Type Multi-family
Amenities Near By Park, Place Of Worship, Public Transit, Shopping
Features Paved Driveway, Laundry- Coin Operated
Parking Space Total 12

Building

Bathroom Total 11
Bedrooms Total 21
Basement Development Partially Finished
Basement Type Full (partially Finished)
Constructed Date 1950
Cooling Type None
Exterior Finish Brick
Fire Protection None
Heating Fuel Natural Gas
Heating Type Hot Water Radiator Heat, Radiator, Steam Radiator
Stories Total 3
Size Interior 10000
Utility Water Municipal Water

Parking

Visitor Parking

Land

Access Type Road Access
Acreage No
Land Amenities Park, Place Of Worship, Public Transit, Shopping
Sewer Municipal Sewage System
Size Depth 161 Ft
Size Frontage 67 Ft
Size Irregular 0.24
Size Total 0.24 Ac|under 1/2 Acre
Size Total Text 0.24 Ac|under 1/2 Acre
Zoning Description Ur5

https://www.realtor.ca/real-estate/26393364/196-concession-street-kingston

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RE/MAX Rise Executives, Brokerage
110-623 Fortune Cres
Kingston, Ontario K7P 0L5

(613) 546-4208
https://www.remaxrise.com/

RE/MAX Rise Executives, Brokerage
110-623 Fortune Cres
Kingston, Ontario K7P 0L5

(613) 546-4208
https://www.remaxrise.com/

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