49-67 ADELAIDE STREET

Kingston (East of Sir John A. Blvd)  ON  K7K 1Y3
MLS®X13813188
  • 3 149 900 $
  • À vendre
49-67 ADELAIDE STREET
Kingston (East of Sir John A. Blvd)  ON  K7K 1Y3
MLS®X13813188
3 149 900 $
À vendre

La description

An excellent opportunity to acquire a 10 unit townhouse complex positioned on the outskirts of Downtown Kingston, offering strong income, functional layouts & long term investment appeal. The property is comprised of 10 attached townhouse units with a mix of 2 & 3 bedroom layouts, each featuring its own private walk-out basement, with 6 units also offering decks off the living room. Six of the ten units have been renovated, creating a strong blend of updated interiors with continued upside potential across the remaining units. The property is designed for efficient ownership, with all units separately metered, tenants paying their own utilities, & each unit equipped with its own forced air gas furnace & hot water tank. Additional highlights include a massive parking lot & a 12 ft x 27 ft storage shed. Based on the current rent roll & expenses, the property offers an approximate current Cap Rate of 5.24%, with a projected Cap Rate of approximately 5.37% based on scheduled 2026 rent increases. With townhouse-style units, tenant-paid utilities, individual mechanical systems, strong parking & close proximity to Downtown Kingston & public transit, this is a compelling income-producing property with excellent operational fundamentals. (id:7525)

Caractéristiques

  • Largeur du terrain en façade : 132 Pieds
  • Profondeur du terrain : 165 Pieds
  • Dimensions du terrain : 132 x 165 FT
  • Superficie habitable (approx): 8280 Pieds carrés
  • Salle(s) de bains : 12
  • Zonage: UR5
  • Caractéristiques: Terrain irrégulier
  • Type de propriété: Multifamilial
  • Service d'égout: Égout sanitaire
  • Style: Multiplex
  • Électroménagers: Sécheuse, Machine à laver
  • Type de bâtiment: Propriétés à revenus
  • Type de climatisation: Aucun
  • Combustible de chauffage: Gaz naturel
  • Type de chauffage: Air pulsé
  • Détails sur le quartier 22 - East of Sir John A. Blvd
  • Zonage UR5
  • Dimensions du terrain 132 x 165 FT
  • Largeur du terrain en façade 132 FEET
  • Profondeur du terrain 165 FEET
  • Surface utile 8280 FEETSQ
  • Salle(s) de bains 12
  • Eau Municipal water