91 ELM Street , Kingston

7 Bed / 4 Bath / $879,900 / MLS® Listing #:40265981

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Approximately 7 years old, slab on grade. Main level 2 bedroom in-law suite was rented at $1600/month currently vacant, 2nd level is a large open kitchen and living room with access to rear deck, 2 large bedrooms + 3pc bath and laundry closet, the 3rd level is 4 more bedroom + two 3 pc baths. TRhe 6 bedrooms are currently rented till August 31st for $4350 per month inclusive. Total average utilities as provided by Utilities Kingston for the last 12 months is $360/month including gas, water-sewer, HWT rental, hst. $4320/ year other expenses included insurance $2000/year, municipal taxes $6400/allowance for repair-maintenance $1000 year total expenses $13,720. Gross income 100% rented is $5950/mth $71,400 /year less expenses = NOI $57,680 or 6.5% return (id:10452)

Property Details

Property Type House
Architectural Style 2 Level
Square Feet 3000.0000
Maintenance N/A
Days On Our Website 36
Basement - None
Kitchens 2
Lot Dimensions under 1/2 acre
Pool N/A
Area Kingston
Air Conditioning None
Heating Natural gas - Forced air
Exterior Steel
Parking Spaces 2
Parking Type Attached Garage,Attached Garage
Sewers Municipal sewage system
Water Municipal water


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