579 Macdonnell Street Kingston (East Of Sir John A. Blvd) Ontario

$495,000

6 Beds

2 Baths

About 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!

General Info 579 Macdonnell Street Kingston (East Of Sir John A. Blvd) Ontario

  • MLS Listing ID

    X12639710
  • Bedrooms

    6
  • Bathrooms

    2
  • Year built

    0
  • Heating

    Baseboard heaters
  • Cooling Type

    None
  • Basement

    N/A, N/A

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