JoinServicesInsightsPeopleAbout Us
CAONKingstonCentral City East307 Alfred St
307 Alfred St, Home with 11 bedrooms, 7 bathrooms and null parking in Kingston ON | Image 1
Link Copied
$1,399,000

307 Alfred St, Kingston, ON

Real Estate

For Sale

$--,---,---
1170
  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Quadruplex
Levels Residential
Size -
Garage No
Taxes $9,609
Days Active 22
Lot Size 
Approx. Age 
MLS® Number X12176020

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Incredible downtown Kingston legal 4-unit investment property seconds from Queen's University and everything else nice that Kingston has to offer. This 11 bedroom fourplex is the perfect addition to a rental portfolio offering a rare combination of stability, demand, and strong returns. The building is currently fully leased (Apt 1 $1600, Apt 2 $4100, Apt 3 $1600 and Apt 4 $2143.59) and has never been vacant - the consistent demand has been proven over the years. Owned by the same owner since 2004, this investment has paid off. Generating impressive rental yields, this property is currently bringing in over $113, 000 per year with a cap rate of nearly 6%! Unit 1 features 2 good sized bedrooms, along with a full kitchen and bath. Units 2, 3, & 4, are all 3 bedroom units with cozy kitchens, multiple bathrooms, big windows and large bedrooms. The charm, walkability, and lakeside lifestyle continue to attract tenants year-round. Whether you're expanding your portfolio or entering the market, this is a prime opportunity to invest in one of Ontario's most dependable university towns.Show Description
MLS® NumberX12176020
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
BasementFinished
DrivewayGarage Type:None
Garage Spaces
HeatGas, Radiant
A/CNone
Heating Fuel

Extras

Rooms

Show Details
Bedroom 2:Third15 × 8.01 ft

Similar Listings

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

Get notified of price or status changes by saving this listing