Attention Investors, I rare opportunity to purchase a 4 unit building (11 bedrooms total) for under 600,000 in the Kingston downtown area. This property consists of 3 – 3 bedroom units and one 2 bedroom unit with great income potential. Currently unit 1 – main level 3 bedroom and unit 2 – a 3 level, 3 bedroom are vacant giving the new owner the opportunity to update and set the rents to todays rental market value. Unit 3 – is a large 3 bedroom unit on the top floor with good month-to-month tenants paying $1200.00 per month. Unit 4 – is a 2-bedroom unit in the basement with walkout access to the back cement patio. This unit is currently rented to a good month-to-month tenant for $800.00 per month. All units pay their own heat and hydro (electric heat). Owner pays the water/sewer about $300.00 per month. The building has parking for 5 at the front. This property will require some TLC to maximum the rental potential and give the new owner a solid investment. (id:24093)

"Based on information submitted to CREA as of October 3, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

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