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341 DIVISION Street Image 1

$799,900

May 23Investment For Sale
bedrooms4bed
washrooms0bath
MLS - #X12168969

341 DIVISION Street, Kingston, ON K7K 4A2

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Average Price
79990000.0%
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Price Comparison

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Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

N/A

About 341 DIVISION Street

Legal non-conforming triplex in a prime location perfect for capturing top market rents. Each unit has in-suite laundry and dedicated parking, making it easy to rent and manage. The building is in excellent condition with numerous recent upgrades including plumbing, electrical, furnace, roof, windows, soffits, and eaves. Featuring high ceilings and exposed brick, all units show beautifully. The property includes two 1-bedroom units and one 2-bedroomunit. Unit #1 (1 bed) rents for $1,850/month, Unit #3 (1 bed) rents for $1,600/month, and Unit#2 (2 bed) will be vacant June 30, with market rent estimated at $2,000/month. Total potential gross income is $65,400/year, with estimated annual expenses of $12,440, for a projected NOI of$52,960. A well-maintained, cash-flowing investment with wonderful tenants and strong rental appeal. Call, text, or email to book your showing.

Home Overview

Last updated

May 23

Virtual tour

None

Basement information

Building size

248

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

--

Listed by RE/MAX RISE EXECUTIVES, BROKERAGE

Additional Details

Basement:N/A
Cooling:No
Heating:Gas Forced Air Open
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

Location

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Walk Score for 341 DIVISION Street

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