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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