MLS# H4172088 Price: $1,399,990
More Photos
Property Description
*Attention Savvy Investors** This is your chance to create generational wealth with this spectacular purpose built turnkey student
rental property generating 120k in annual rents (Fully Leased). 9 minutes to Queens U and fantastic area amenities. Main house features 4 Beds 2 Baths with BRAND NEW LEGAL addition adding 5 Beds/3 Dens & 3 Baths to this cash flow machine. FEATURES INCLUDE: 2 Kitchens w/3rd roughed in, 3 Fridges, 2 Stoves, 2 microwaves, 3 laundry pairs, 2 TV's, 2 decks, detached garage, 3 water heaters (owned), 2 electrical panels w/sub panel, carpet free with hardwood/vinyl/ceramic flooring, glass showers, electric fireplace, & select furniture. Very efficient as tenants pay all utilities due to separate hydro meters, heated flooring, and electric baseboards all with separate thermostats. Very low operating and capital costs make this a cornerstone property for a first time investor or a pinnacle addition to any portfolio.
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85 
Very Walkable
59 Good Transit
Property Details: 271 MACDONNELL Street (near MACK ST E )
Listing# 68094
Location
| Address |
271 MACDONNELL Street |
| City |
Kingston |
| Cross Streets |
MACK ST E |
| District |
Kingston |
| Neighbourhood |
Kingston |
| Listing Agent |
Michael Bedioui |
Description
| Sub Type |
Freehold |
Type |
Detached |
| Price |
$ 1,399,990 |
Lease Rate Per |
For Sale |
| Style |
2 Storey |
Approx. Age |
51-99 Years |
| Location |
Kingston |
Construction |
Brick
Metal/Stone Siding |
| Heating |
Baseboard |
Square Footage |
2167 |
Features
| Property Features |
Security System
Separate Hydro Meters
Sump Pump |
Rooms |
17 |
| Bedrooms |
9 |
Full Bathrooms |
2 |
| Half Bathrooms |
0 |
Garage |
Detached |
What's Around 271 MACDONNELL Street?
Detached Home for Sale, MLS# H4172088
271 MACDONNELL Street
Kingston
Ontario
K7L 4C4
Lisa Blackmore, RE/MAX Escarpment Realty Inc., Brokerage
https://lisablackmore.com/images/
4121 Fairview Street
Burlington
ON
L7L 2A4
905-632-2199
$$$
1399990
2023-10-23
MLS# H4172088
RE/MAX-Escarpment-Realty-Inc-Brokerage-MLS-H4172088
*Attention Savvy Investors** This is your chance to create generational wealth with this spectacular purpose built turnkey student
rental property generating 120k in annual rents (Fully Leased). 9 minutes to Queens U and fantastic area amenities. Main house features 4 Beds 2 Baths with BRAND NEW LEGAL addition adding 5 Beds/3 Dens & 3 Baths to this cash flow machine. FEATURES INCLUDE: 2 Kitchens w/3rd roughed in, 3 Fridges, 2 Stoves, 2 microwaves, 3 laundry pairs, 2 TV's, 2 decks, detached garage, 3 water heaters (owned), 2 electrical panels w/sub panel, carpet free with hardwood/vinyl/ceramic flooring, glass showers, electric fireplace, & select furniture. Very efficient as tenants pay all utilities due to separate hydro meters, heated flooring, and electric baseboards all with separate thermostats. Very low operating and capital costs make this a cornerstone property for a first time investor or a pinnacle addition to any portfolio.
Notice! Information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy we regret that we cannot guarantee it. All information subject to change and/or withdrawal without notice.