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Fantastic investment opportunity in downtown Kingston! The building was constructed in 2004. It is fully leased and provides a phenomenal return on investment, even with the under market rental income on 1 unit. Composed of three townhomes, each with the same layout, this property will always be easy to rent. There are 5 bedrooms in each unit, a living room, kitchen, laundry room and two 4pc bathrooms. Walking distance to all amenities and Queen’s University makes this a highly sought after location. The roof was replaced in October 2022 and siding was repaired this year as well. A solid investment in a fantastic location. (id:48714)
| MLS® Number | 40366738 |
| Property Type | Multi-family |
| Amenities Near By | Airport, Beach, Golf Nearby, Hospital, Park, Playground, Public Transit, Schools, Shopping |
| Communication Type | High Speed Internet |
| Community Features | High Traffic Area, Community Centre |
| Equipment Type | Water Heater |
| Features | Park/reserve, Golf Course/parkland, Beach, Crushed Stone Driveway |
| Parking Space Total | 2 |
| Rental Equipment Type | Water Heater |
| Bathroom Total | 6 |
| Bedrooms Total | 15 |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Construction Style Attachment | Attached |
| Cooling Type | None |
| Exterior Finish | Brick, Vinyl Siding |
| Fire Protection | Smoke Detectors |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 3940.3400 |
| Type | Triplex |
| Utility Water | Municipal Water |
| Access Type | Water Access, Highway Access, Rail Access |
| Acreage | No |
| Land Amenities | Airport, Beach, Golf Nearby, Hospital, Park, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Frontage | 102 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Wm1 |
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/25201460/19-23-chatham-street-kingston
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Colleen Emmerson, Broker, REALTOR© 2021 All Rights Reserved
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