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    For Sale - 432 Barrie Street, Kingston, Ontario

    Est payment $5,277/mo
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    Views   1
    Time on Jump  32 day

    AI Summary *

    • Turnkey 5-plex ready for immediate cash flow in downtown Kingston.
    • Consists of 4 one-bedroom and 1 three-bedroom unit for diverse rental options.
    • Tenants pay for hydro with each unit separately metered for convenience.
    • On-site coin laundry and parking for 3 vehicles generate extra income.
    • Opportunity to increase income as some units are below market rent.




    Turnkey 5-plex in downtown kingston - cash flow now, room to grow. This is the perfect time to start or expand your investment portfolio in kingston, ontario, and 432 barrie street is the perfect property to do it. This solid 5-plex offers an in-demand mix of 4 x 1-bedroom units and one 3-bedroom unit. Tenants pay hydro (electric heat) and each unit is separately metered. On-site coin laundry and dedicated parking for 3 vehicles provide additional steady income each month. The building attracts quality tenants - young professionals and students - with turnover averaging around every 2 years. Units have been consistently updated. Bonus: with some units currently below market rents, there is a clear path to grow income as leases turnover. Location, stability, and upside, all in one address. Rent roll, expenses, and property updates available on request. Schedule your private showing today.
    Listing IDX13781810
    Address432 Barrie Street
    CityKingston, Ontario
    Price$1,099,000
    Bed / Bath7 / 5 Full
    Style3-Storey, Multiplex
    ConstructionVinyl Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features Separate Heating Controls, Separate Hydro Meter, Water Heater OwnedOutdoor Features LandscapedAmenities Park, Public Transit, Rec./Commun.Centre, SchoolOwnership FreeholdViews City, DowntownBasement NoneFoundation Poured ConcreteHeating / Cooling BaseboardHeating Fuel ElectricSewer Sewer

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    Listing Brokerage: CENTURY 21 HERITAGE GROUP LTD., BROKERAGE

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    432 Barrie Street
    Kingston , Ontario
    7 5 $1,099,000
    Get more info