1028 Johnson Street, Kingston (Central City West), Ontario K7M2N4

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List Price
$1,099,900
Price Change
▼ $90,000 1792004577
MLS®
X13656318
Days on Market
81
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Bedrooms
10
Bathrooms
5
Lot Size Dimensions
8309.73
Lot Size
361,971,838
Subdivision
18 - Central City West

Property Description

Exceptional investment opportunity with this 5-unit apartment building in a prime Kingston location, just minutes from Queen's University and the downtown core. Each unit features 2 bedrooms and 1 bathroom, with ample on-site surface parking for tenants. The property offers an estimated 36%+ upside in NOI through tenant turnover, along with additional value-add potential by converting the existing storage/laundry room into a sixth residential unit (subject to all required approvals). (id:5764)

Additional Information

Subdivision
18 - Central City West
Parking Spaces
10
Cooling
None
Country
Canada
Heating
Radiant heat
Lot Size
361,971,838

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