TURNKEY 5-PLEX IN DOWNTOWN KINGSTON – CASH FLOW NOW, ROOM TO GROW. This is the perfect time to start or expand your investment portfolio in Kingston, Ontario, and 432 Barrie Street is the perfect property to do it. This solid 5-plex offers an in-demand mix of 4 x 1-bedroom units and one 3-bedroom unit. Tenants pay hydro (electric heat) and each unit is separately metered. On-site coin laundry and dedicated parking for 3 vehicles provide additional steady income each month. The building attracts quality tenants – young professionals and students – with turnover averaging around every 2 years. Units have been consistently updated. Bonus: with some units currently below market rents, there is a clear path to grow income as leases turnover. Location, stability, and upside, all in one address. Rent roll, expenses, and property updates available on request. Schedule your private showing today.
Property Summary
Property Type:Multi-family
Availability:For sale
Building Type:Other
Building Storeys:3
Bedrooms:7
Bathrooms:5
Land Size:45.3 x 52.2 FT|under 1/2 acre
Parking:No Garage
Parking Spaces:3
MLS® Number:X13781810
Building Details
Interior Size:2500 sq ft
Basement:None
Exterior Finish:Vinyl siding
Foundation:Poured Concrete
Heating Type:Baseboard heaters
Heating Fuel:Electric
Fireplace:None
Cooling:None
Land Details
Frontage:45 ft ,3 in
Depth:52 ft ,2 in
Water:Municipal water
Sewer:Sanitary sewer
Landscape Features:Landscaped
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