271 MacDonnell Street, Kingston, Ontario, K7L 4C4 Kingston ON CA

For Sale : CAD 1499990

MLS #: H4163465

Details

Bed Rooms
12
Bath Rooms
2
Neighborhood
Sunnyside
Basement
Full Fully Finished
Property Type
Residential

Description

**Attention Savvy Investors** This is your chance to create generational wealth with this spectacular purpose built turnkey student rental property generating 120k in annual rents (Fully Leased). 9 minutes to Queens U and fantastic area amenities. Main house features 4 Beds 2 Baths with BRAND NEW LEGAL addition adding 5 Beds/3 Dens & 3 Baths to this cash flow machine. FEATURES INCLUDE: 2 Kitchens w/3rd roughed in, 3 Fridges, 2 Stoves, 2 microwaves, 3 laundry pairs, 2 TV's, 2 decks, detached garage, 3 water heaters (owned), 2 electrical panels w/sub panel, carpet free with hardwood/vinyl/ceramic flooring, glass showers, electric fireplace, & select furniture. Very efficient as tenants pay all utilities due to separate hydro meters, heated flooring, and electric baseboards all with separate thermostats. Very low operating and capital costs make this a cornerstone property for a first time investor or a pinnacle addition to any portfolio. VTB Available. Find out more about this property. Request details here

Location

Address
K7L 4C4, Kingston, Ontario, Canada
City
Kingston

Map

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Real Estate Broker
Michael Bedioui
Brokerage
RE/MAX Escarpment Realty Inc.
Profile Brokerage Website
Top Tags
generational wealth cash flow machine create generational
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