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10510

MLS® X13002212

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size -
Garage None
Taxes $7,293
Days Active 0
Lot Size 
Approx. Age 
MLS® Number X13002212

Property Address: 1028 Johnson Street, Kingston, ON, K7M2N4

Average square foot calculated using Size range provided by listing agent.

Description

Well-located corner 5-plex in central Kingston offering reliable rental income with clear upside potential. Currently generating roughly $84, 000 annually including laundry and parking income, with an estimated NOI around $64, 000, representing a sub-5% cap rate (approximate). The property features five similar 2-bedroom units, each with a 4-piece bath, with three already updated and two offering future upside through improvements and rent growth. Situated on a corner lot with plenty of on-site parking, adding convenience for tenants and additional income potential. The building is well set up with separately metered hydro, 400 amp service, updated windows, radiant on-demand heating, owned hot water systems, and a roof replaced in 2015. Close to Queen's University and St. Lawrence College, with easy access to transit and everyday amenities, supporting consistent rental demand and long-term growth.Show Description
MLS® NumberX13002212
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNone
Approx. Age
BasementApartment
DrivewayGarage Type:None
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
1028 Johnson Street, Kingston, ON

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