6688 Highway 38, Frontenac (Frontenac South), Ontario K0H2W0

Listing courtesy of REVEL REALTY INC., BROKERAGE.

$499,000
6
BD
5
BA

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List Price
$499,000
MLS®
X13533550
Days on Market
20
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Bedrooms
6
Bathrooms
5
Lot Size Dimensions
88.2 x 294 FT
Subdivision
47 - Frontenac South

Property Description

Welcome to 6688 Highway 38, right in the heart of Verona. This is a great opportunity to pick up a 6-unit building with immediate cash flow and real upside.Located just 20 minutes north of Kingston, this property sits in a growing area with strong rental demand. The building consists of five 1-bedroom units and one bachelor. Five units are currently rented, with one owner-occupied, giving you the option to move in or set your own rent.Sitting on a large lot directly on Highway 38, there's a detached garage/storage building and plenty of parking at the back. Some of the units even have water views, which is a nice bonus for tenants.Buildings like this don't come up often-especially ones that are already operating but still have room for improvement. It's priced with the current condition in mind, so there's a solid opportunity here for the right buyer. (id:5764)

Additional Information

Garage
Yes
Subdivision
47 - Frontenac South
Parking Spaces
9
Cooling
None
Country
Canada
Sewer
Septic System
Heating
Baseboard heaters, Electric
Stories
2

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Calculator source: Real Geeks