579 MACDONNELL STREET, Kingston (East of Sir John A. Blvd)
6 BEDS · 2 BATHS · 1100 - 1500 sqft
$495,000
All brick legal duplex with amazing income potential in the highly desirable Kingscourt area. Upper level includes 3 spacious bedrooms and 1 full bathroom, with a large living/dining room, separate eat-in kitchen with breakfast area and potential for ensuite laundry. Lower level includes a second self-contained unit with 3 spacious bedrooms and 1 full bathroom, with living room and ensuite laundry room and 2 separate entrances. Large backyard in the rear with a detached single car garage as well as a parking pad in the front for 2 additional cars. Upper level unit currently vacant. Current income from the lower level unit only is $22k+, potential income $55k+ with positive cash flow OR $64k+ as a student rental with over 9% cap rate! Property needs work but a great investment opportunity with excellent value add potential!
General Info
| MLS Listing ID: X12639710 | Bedrooms: 6 | Bathrooms: 2 | Year Built: 0 |
| Listing Type: Single Family | Half Baths: N/A | Fireplace Fuel: N/A | Maintenance Fee: N/A |
| Foundation: Concrete | Roof: N/A | Title To Land: Freehold | Parking Space Total: 3 |
| Parking: N/A | Heating: Baseboard heaters | Size: 1100 - 1500 sqft | Air Conditioning : None |
| Home Style: N/A | Finished Floor Area: N/A | Fireplaces: N/A | Basement: N/A, N/A |
| Water Supply: Municipal water | Road Type: N/A | Pool Type: N/A |
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