Welcome to this exceptionally maintained legal duplex steps to Queens main campus and the waterfront. Offering a total of 12 bedrooms, it is a prime student rental investment opportunity with a current income of $129,456. Unit 187A is leased at $5,562/mth+ utilities, and 187B leased at $5,226/mth+ utilities (tenants leaving April 30th, 2025). Each spacious two storey unit is complete with 6 oversized bedrooms, 2 full bathrooms, a bright open concept kitchen/living/dining area, and convenience of second storey laundry. Many upgrades including new metal roof (2021), flooring (2024). Four parking spots are located at the rear of the property for convenience and future income generation. The garage at the rear of the property offers extra storage space and is a valuable amenity for tenants and owner/maintenance storage. Don't miss out on this opportunity to own a well-maintained, income-generating property. 24hours notice needed for all showings. |
Price | $2,050,000 |
Taxes: | $9346.60 |
Assessment: | $647000 |
Assessment Year: | 2016 |
Address: | 187 ALFRED St , Kingston, K7L 3R8, Ontario |
Lot Size: | 28.00 x 165.00 (Feet) |
Acreage: | < .50 |
Directions/Cross Streets: | Johnson St to Alfred St (Between Johnson and Earl) |
Rooms: | 24 |
Rooms +: | 0 |
Kitchens: | 2 |
Kitchens +: | 0 |
Basement: | Crawl Space, Unfinished |
Property Type: | Detached |
Style: | 2-Storey |
Exterior: | Vinyl Siding |
Garage Type: | Detached |
(Parking/)Drive: | Private |
Drive Parking Spaces: | 4 |
Pool: | None |
Fireplace/Stove: | N |
Heat Type: | Baseboard |
Central Air Conditioning: | None |
Elevator Lift: | N |
Sewers: | Sewers |
Water: | Municipal |
Utilities-Hydro: | Y |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
eXp Realty, Brokerage |
|
Virtual Tour | Book Showing | Email a Friend |
Type: | Freehold - Detached |
Area: | Frontenac |
Municipality: | Kingston |
Neighbourhood: | Central City East |
Style: | 2-Storey |
Lot Size: | 28.00 x 165.00(Feet) |
Tax: | $9,346.6 |
Baths: | 4 |
Fireplace: | N |
Pool: | None |