271 MacDonnell Street, Kingston, Ontario, K7L 4C4 Kingston ON CA

CAD 1499990 For Sale
MLS: H4163465

Property Details

Bedrooms

12

Bathrooms

2

Neighborhood

Sunnyside

Basement

Full Fully Finished

Property Type

Residential

Description

**Attention Savvy Investors** This is your chance to create generational wealth with this spectacular purpose built turnkey student rental property generating 120k in annual rents (Fully Leased). 9 minutes to Queens U and fantastic area amenities. Main house features 4 Beds 2 Baths with BRAND NEW LEGAL addition adding 5 Beds/3 Dens & 3 Baths to this cash flow machine. FEATURES INCLUDE: 2 Kitchens w/3rd roughed in, 3 Fridges, 2 Stoves, 2 microwaves, 3 laundry pairs, 2 TV's, 2 decks, detached garage, 3 water heaters (owned), 2 electrical panels w/sub panel, carpet free with hardwood/vinyl/ceramic flooring, glass showers, electric fireplace, & select furniture. Very efficient as tenants pay all utilities due to separate hydro meters, heated flooring, and electric baseboards all with separate thermostats. Very low operating and capital costs make this a cornerstone property for a first time investor or a pinnacle addition to any portfolio. VTB Available. Find out more about this property. Request details here

Location

Address

K7L 4C4, Kingston, Ontario, Canada

City

Kingston

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Real Estate Broker
Michael Bedioui
Brokerage
RE/MAX Escarpment Realty Inc.
Top Tags
create generational cash flow machine generational wealth
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