SOLID 5-UNIT INVESTMENT PROPERTY IN AMAZING LOCATION Here’s your opportunity to acquire a prime 5-plex in the heart of downtown Kingston, with a stellar rental history. Perfectly situated at 432 Barrie Street, this turnkey property features an ideal, high-demand unit mix consisting of four 1-bedroom apartments and a spacious 3-bedroom unit, as well as dedicated parking for 3 vehicles. Each unit is separately metered for hydro, and the property features on-site coin laundry for an additional, steady revenue stream. A nice highlight is the value-add potential. Much in demand 1-bedroom units provide stable cash flow, and the 3-bedroom unit is currently vacant, offering an immediate opportunity to update the space and improve rental income. 432 Barrie offers an unbeatable combination of location, stability, and immediate upside! Schedule your private viewing today! Rent roll, expenses and a list of property updates available upon request.
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:X13151026
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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