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75-77 RIDEAU ST
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$1,149,900
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75-77 RIDEAU ST
KINGSTON, Ontario K7K2X8

MLS® Number: 360450160

Description

LOCATION, LOCATION, LOCATION!! Incredible opportunity to purchase this package consisting of 2 semi-detached 2.5 storey buildings on 2 separate deeds and offering 7 large rental units (3-1 bedrooms & 4- 2 bedrooms) Steps to the K-Rock Centre, RMC, Artillery Park, Downtown and a Government building this property is in a prime location to attract professionals and RMC/Queens students as tenants. The buildings offer secure access with intercom/buzz systems, 2 sets of Coin Washer/Dryers, 4 parking spots, all units separately metered, 5 of the 7 units have been updated in recent years with the Kitchens, Bathrooms, Ceramic & Hardwood flooring, Windows and Paint completed. The exterior features a newer roof, secure steel fire escape, small yard and views of Anglin Bay from a number of units. The buildings offer over $100,000 in Gross Income and over $76,000 NOI, an opportunity exists to increase the bottom line by renovating the remaining 2 units. Contact the listing agent for more details! (362636187)

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Land Size
57.9 X 57.43 IRREG|under 1 acre
Age Of Building
Age is unknown
Annual Property Taxes
$7,723
Time on REALTOR.ca
2417 days

Building

Interior Features
Appliances Included
Window Coverings, Intercom
Building Features
Foundation Type
Stone
Fire Protection
Smoke Detectors
Storage
Storage Shed
Heating & Cooling
Heating Type
Baseboard heaters, Forced air (Natural gas), (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Stone

Land

Other Property Information
Access
Road access
Zoning Description
c
Data provided by: Kingston & Area Real Estate Association Address Line ONE, Address Line TWO, Kingston, Ontario A1B2C3

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