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196 Concession Street Kingston, Ontario K7K 2B5

21 Bedroom 11 Bathroom 10000
None Hot Water Radiator Heat, Radiator, Steam Radiator

$2,200,000

This 11-unit apartment building is available for acquisition in the emerging market of downtown Kingston. Current rents are well below market value, indicating immediate potential for increased revenue. The property allows for a strategic expansion with space for an additional unit, offering an even greater income opportunity. This creates potential for a 12-unit complex, providing a direct path for maximizing profitability and return on investment. The building is located in a pleasant neighbourhood experiencing consistent population growth. The ongoing urban transformation and growing demand for rental spaces make this a unique and compelling investment opportunity. Invest now to secure this prime property in the rapidly developing real estate market of downtown Kingston. For more details or to schedule a tour, please get in touch. View media section for floor plans, photos, and financials. (id:28358)

Property Details

MLS® Number 40458454
Property Type Multi-family
Amenities Near By Park, Place Of Worship, Public Transit, Shopping
Features Paved Driveway, Laundry- Coin Operated

Building

Bathroom Total 11
Bedrooms Total 21
Basement Development Partially Finished
Basement Type Full (partially Finished)
Constructed Date 1950
Cooling Type None
Exterior Finish Brick
Fire Protection None
Heating Fuel Natural Gas
Heating Type Hot Water Radiator Heat, Radiator, Steam Radiator
Stories Total 3
Size Interior 10000
Utility Water Municipal Water

Parking

Visitor Parking

Land

Access Type Road Access
Acreage No
Land Amenities Park, Place Of Worship, Public Transit, Shopping
Sewer Municipal Sewage System
Size Depth 161 Ft
Size Frontage 67 Ft
Size Irregular 0.24
Size Total 0.24 Ac|under 1/2 Acre
Size Total Text 0.24 Ac|under 1/2 Acre
Zoning Description Ur5

Utilities

Cable Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/25886073/196-concession-street-kingston

Interested?

Contact us for more information


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Jordan Mcgregor
Salesperson

(613) 483-4052
realestatereimagined.ca

RE/MAX Rise Executives, Brokerage
110-623 Fortune Cres
Kingston, Ontario K7P 0L5

(613) 546-4208
https://www.remaxrise.com/

Kateryna Topchii
Salesperson

(613) 893-7653

RE/MAX Rise Executives, Brokerage
110-623 Fortune Cres
Kingston, Ontario K7P 0L5

(613) 546-4208
https://www.remaxrise.com/

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