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:41307)
Property Details
MLS® Number | 40656353 |
Property Type | Multi-family |
Parking Space Total | 3 |
Building
Bathroom Total | 2 |
Bedrooms Total | 6 |
Basement Development | Finished |
Basement Type | Full (finished) |
Constructed Date | 1958 |
Cooling Type | Central Air Conditioning |
Exterior Finish | Brick |
Heating Type | Forced Air |
Stories Total | 2 |
Size Interior | 2180 Sqft |
Type | Duplex |
Utility Water | Municipal Water |
Parking
Detached Garage |
Land
Acreage | No |
Sewer | Municipal Sewage System |
Size Depth | 150 Ft |
Size Frontage | 60 Ft |
Size Total Text | Under 1/2 Acre |
Zoning Description | A1 |
https://www.realtor.ca/real-estate/27488531/311-portsmouth-avenue-kingston
Jason Eade
Broker
https://kingstonrealestate.com/
104-27 Princess St
Kingston, Ontario K7L 1A3
(613) 544-3325
https://remaxfinestrealty.com/