248 Barrie Street, Kingston, ON
Prime investment property! $60, 000 per year. Queen's student rental in a highly sought after location, just a 5 minutes walk both to queen's university and kingston general hospital this 7 bedroom, 3 full bathrooms student rental comes with a new 12 month lease starting may 1st. This townhouse shares a connecting wall with the original location of the kingston whig standard, one of canada's first newspapers. Maintained by long term owners with all mechanics in great condition. Extremely easy to rent and margin for rent increase plus utilities. Excellent layout with bedrooms and bathrooms on all 3 floors. Townhouse style with only 2 exterior walls makes for low heating and cooking costs. Currently rented at $660 per room with bonus income of $260 per month for 2 parking spots always easily rented. With major recent upgrades including a complete rewire, furnace, roof and all new windows 2015, this student rental makes for a strong, low maintenance investment! Return on cash minimum 13%.
Listing Details
248 Barrie Street, Kingston, Ontario, K7L3K7
Row-Townhouse
Attached-3 Level
20x85
3
7
2
Forced Air, Natural Gas
Unfinished Crawl Space (Unfinished)
K18001256
Brick
3
Municipal Water
Municipal Sewage System
No Garage
Row-Townhouse for sale in Kingston located in 248 Barrie Street , Ontario , K7L3K7 , Canada. This Row-Townhouse have 7 bedrooms and 3 bathrooms. This property listing building style is Attached-3 Level . For all the rest of the information we have about this property in Kingston , see above.