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.
City: Kingston
Neighborhood: Central City East
Located at 307 Alfred St , this Kingston house went off the market on null. This house's size is 3500-5000 Sqft. It has 9 bedrooms and 7 bathrooms. The property includes the following rooms: Primary, 2nd Br, Primary, 2nd Br, 3rd Br, Primary, 2nd Br, 3rd Br, Primary, 2nd Br, 3rd Br. 307 Alfred St, Kingston is situated in the Central City East neighbourhood.
MLS#: X12052874 · $1,750,000 · 9 bedroom house in Central City East, Kingston