Kingston, West of Sir John A. Blvd, K7M 3E2
$880,000
Listed by Royal LePage ProAlliance Realty, Brokerage.
Excellent Investment Opportunity! This triplex includes three spacious and bright units – all with 2-bedrooms and 1 full bathroom, updated flooring throughout and laundry in each unit. Other updates include a new asphalt roof in 2021, newer hot water heaters and windows. The double driveway offers parking for 4 cars, along with an attached garage with parking for one. Fully rented out at $4,856 per month (tenants pay for hydro) or an annual gross income of $58,272, with potential for additional and improved income. Centrally located on Princess Street, only steps to local transit and minutes from downtown Kingston, St. Lawrence College, Queens University and also shopping, restaurants and businesses in the west end.
Smoke Detector,3x Stoves, 3x Refrigerators, 2x Washers, 2x Dryers, 1 Washer/Dryer Combo, 3x Electric Hot Water Heaters Owned.
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.