311 Portsmouth Avenue Kingston, Ontario K7M 1V7
$678,000
If you want to maximize this Legal Duplex property a solid move would be I would furnish it, rent it to students for 8 months, and put it on Air B&B for the summer months. Considering students will pay about $850 x6 = $5100 ( monthly) plus utilities per room Air B&B should fetch an average or $500.00 ($250.00 per Unit) 20 nights rented = $10,000 Per month gross income. This property could quickly become one of your top producing properties in your portfolio. The main floor offers an open concept floor plan, nice kitchen with a peninsula, 2 beds and 3 rd room that could be a den, bedroom or dining room also the laundry is located in a closet just off the kitchen. The Basement offers a large living area, open concept kitchen and laundry ample storage and 3 good sized bedrooms. The property also has a large deck, detached garage and a huge lot that has potential for redevelopment or to legally add a 3 and 4 th unit. (id:28587)
Property Details
| MLS® Number | 40656353 |
| Property Type | Multi-family |
| ParkingSpaceTotal | 3 |
Building
| BathroomTotal | 2 |
| BedroomsTotal | 6 |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| ConstructedDate | 1958 |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 2180 Sqft |
| Type | Duplex |
| UtilityWater | Municipal Water |
Parking
| Detached Garage |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeDepth | 150 Ft |
| SizeFrontage | 60 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | A1 |
https://www.realtor.ca/real-estate/27488531/311-portsmouth-avenue-kingston
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Jason Eade
Broker
104-27 Princess St
Kingston, Ontario K7L 1A3
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October 03 2024 03:17:03
Kingston & Area Real Estate Association
RE/MAX Finest Realty Inc., Brokerage