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307 Alfred Street Image 1

$1,550,000

Apr 25Fourplex For Sale
bedrooms11bed
washrooms6bath
MLS - #X12103862

307 Alfred Street, Kingston, ON K7L 3S4

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Average Price
155000000.0%
Higher than average

Price Comparison

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Property Description

Property type

Fourplex

Lot size

< .50 acres

Style

3-Storey

Approx. Area

N/A

Room Information

Room TypeDimension (length x width)FeaturesLevel
Primary Bedroom2.74 x 3.66 mN/ABasement
Bedroom 23.35 x 2.74 mN/ABasement
Primary Bedroom3.96 x 4.88 mN/AMain
Bedroom 23.35 x 4.88 mN/AMain

About 307 Alfred Street

Incredible downtown Kingston legal 4-unit investment property seconds from Queen's University and everything else nice that Kingston has to offer. This 11 bedroom fourplex is the perfect addition to a rental portfolio offering a rare combination of stability, demand, and strong returns. The building is currently fully leased and has never been vacant - the consistent demand has been proven over the years. Owned by the same owner since 2004, this investment has paid off. Generating impressive rental yields, this property is currently bringing in over $113,000 per year! Unit 1 features 2 good sized bedrooms, along with a full kitchen and bath. Units 2, 3, & 4, are all 3 bedroom units with cozy kitchens, multiple bathrooms, big windows and large bedrooms. The charm, walkability, and lakeside lifestyle continue to attract tenants year-round. Whether you're expanding your portfolio or entering the market, this is a prime opportunity to invest in one of Ontario's most dependable university towns.

Home Overview

Last updated

Apr 25

Virtual tour

None

Basement information

Finished

Building size

--

Status

In-Active

Property sub type

Fourplex

Maintenance fee

$N/A

Year built

--

Listed by RE/MAX RISE EXECUTIVES, BROKERAGE

Additional Details

Basement:Finished
Cooling:None
Heating:Radiant
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

Location

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Walk Score for 307 Alfred Street

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