378 BARRIE Street , Kingston

5 Bed / 2 Bath / $599,000 / MLS® Listing #:40232519

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Incredible Turnkey Residential Investment Property In Very Good Condition. Located just blocks from the downtown core and Queen's University making it One Of The Best Locations in the City of Kingston. The home offers large primary rooms, 2 full bathrooms, 1 parking spot and 5 bedrooms that are currently leased until the end of April 2023 with the tenants paying utilities. As of May 1st the net income will be $25,180.00/year with only 4 bedrooms leased. The beauty of this property is that you have the potential to increase your net income in the next few years by charging for the 1 parking spot and by easily converting the one bedroom that is currently being used as storage back to a bedroom bringing in an extra $6000/year making the net income increase to over $31,000.00. This property has never had any vacancy and is an ideal property to add or start your investment portfolio. Call for your private viewing and see how easy this property is to maintain. (id:10452)

Property Details

Property Type House
Architectural Style 2 Level
Square Feet 1432.0000
Maintenance N/A
Days On Our Website 53
Basement Unfinished - Full (Unfinished)
Kitchens 1
Lot Dimensions under 1/2 acre
Pool N/A
Area Kingston
Air Conditioning None
Heating Natural gas - Forced air
Exterior Vinyl siding
Parking Spaces 1
Sewers Municipal sewage system
Water Municipal water

Listing Office: SUTTON GROUP-MASTERS REALTY INC., BROKERAGE



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