Macdonnell 579 Street

579 MACDONNELL STREET, Kingston (East of Sir John A. Blvd), Canada

$495000

#ABOUT_TEXT# 579 MACDONNELL STREET Kingston (East of Sir John A. Blvd), Ontario

All brick legal duplex with amazing income potential in the highly desirable Kingscourt area. Upper level includes 3 spacious bedrooms and 1 full bathroom, with a large living/dining room, separate eat-in kitchen with breakfast area and potential for ensuite laundry. Lower level includes a second self-contained unit with 3 spacious bedrooms and 1 full bathroom, with living room and ensuite laundry room and 2 separate entrances. Large backyard in the rear with a detached single car garage as well as a parking pad in the front for 2 additional cars. Upper level unit currently vacant. Current income from the lower level unit only is $22k+, potential income $55k+ with positive cash flow OR $64k+ as a student rental with over 9% cap rate! Property needs work but a great investment opportunity with excellent value add potential!

MLS Listing ID
X12639710
Bedrooms
6
Bathrooms
2
Year built
0
Heating
Baseboard heaters
Sizeinterior
1100 - 1500 sqft
Cooling Type
None
Basement
N/A, N/A
  • Kapil Chauhan
  • Tel: 9874563210
  • kapil@test.com
  • 111