608 Bagot Street No longer available

Kingston, East of Sir John A. Blvd, K7K 3E5

$539,000

Description

Listed by Royal LePage ProAlliance Realty, Brokerage.

A downtown up-and-down Inner Harbour legal duplex with the utilities all nicely separated. A freshly renovated (it's really quite brilliant) three-bedroom ground floor unit is vacant and ready to go. Up above is a good two-bedroom unit also vacant. Both have their own furnace and AC systems. This spacious detached property is in fine condition with maintenance-free vinyl siding, as well as ample parking and outdoor space. The downtown core is a twelve-minute stroll, Doug Fluhrer Park and the waterfront is not even five minutes away, and The Elm Cafe is closer than your own kitchen. It seems an unusually fine investment to me, offering the opportunity to set your own rents or live inexpensively in one of the city's most thrilling neighbourhoods. Conservative rents would be $2000 + on the main floor and $1300 + upstairs. 2023 taxes of $4493 and insurance of approximately $1400 per year suggest an NOI of 33,707 and a very healthy CAP rate of 6.2%.

Other,Refrigerator, Stove

Location

View Map
  • Address: 608 Bagot Street
  • Neighborhood: East of Sir John A. Blvd
  • City: Kingston
  • State: ON
  • Postal Code: K7K 3E5

Property Details

  • Property ID: 40596535
  • Property Price: $539,000
  • Style: Duplex Up/Down, Residential Income
  • Sq/Ft: 1650
  • Bath: 2
  • Parking Spaces: 4
  • Year Built: 1900
  • A/C: Central Air
  • Basement: Crawl Space, Unfinished
  • Exterior: Vinyl Siding
  • Heating: Forced Air, Natural Gas
  • Taxes: $4,493.73 (2023)
  • Exposure: West
  • # of stories: 2

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Property History

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  • Contact Manoj Kukreja

    Sales Representative, Re/max Premier Inc., Brokerage
    (647) 576 - 2100

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