16 Units in Kingston

$1,700,000

Highlights

Units

16


Stories

2


Price Per Unit

$106,250


Lot Size

5,425.01 ft²


Cap Rate

7.1%

Picture of listing property
Full Details

16 unit building in downtown Kingston. Going in cap rate of 7.1%. $106,000 per unit. An add-value investors ideal next project. 7 x bach, 5 x 1 Bed and 4 x 2 bed. Gross rents of $213,000. Approx. 31% lift on overall rent roll. Steel roof installed. Clean Phase 1 ESA. Separate hydro meters.


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All information furnished regarding this property is from sources deemed reliable but no warranty or representation is made to the accuracy thereof and same is submitted subject to errors, omissions, change of price or other terms, prior to sale or withdrawal without notice. Prospective purchasers are advised to seek independent legal, accounting, or any other consulting advise as may be deemed necessary to submit an offer to purchased.