9 Beds 7 Bath

307 Alfred Street, Kingston, ON K7L 3S4

Kingston K7L 3S4 Ontario

MLS: X12103862

$1,550,000

Added 1 day ago | For Sale

Listed by: RE/MAX RISE EXECUTIVES, BROKERAGE

About Property

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 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! 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.

Features

  • House Style:Fourplex
  • Bathrooms:7
  • Land Size: 27 X 116
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Mack Street
  • Basement:Finished , Finished
  • Possession Date:Flexible
  • Annual Property taxes: $9609
  • Bedrooms:9 +2
  • Total Parking Spaces:0
  • Parking Places:0
  • Heating Type:Radiant
  • Pool Type:None
  • Exterior:
  • Direction Facing:East
  • Front Footage:
  • Listing ID:X12103862

Level Type Features Dimensions
Main Primary Bedroom 13 ft x 16 ft
Bedroom 2 11 ft x 16 ft
Bedroom 3 10 ft x 15 ft
Second Primary Bedroom 9 ft, 6 in x 13 ft, 6 in
Bedroom 2 8 ft, 6 in x 11 ft
Bedroom 3 8 ft, 6 in x 11 ft
Third Primary Bedroom 11 ft x 12 ft
Bedroom 2 8 ft x 15 ft
Bedroom 3 8 ft, 6 in x 11 ft
Basement Primary Bedroom 9 ft x 12 ft
Bedroom 2 11 ft x 9 ft

No property rooms available.

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