LOADING

509 Macdonnell St Kingston, Ontario K7K 4W8

Baseboard Heaters

$3,450,000

Investors take note of 509 Macdonnell St. This 22 unit building has never changed hands before. A solid brick building with 22 units, a storage room, coin laundry room, utility room and a double car garage built-in. Lots of parking included on this lot. Solar panel system on the roof with one of the best contracts the government gave to individuals. A phase one environmental has been completed. The gross annual income is $279,754, plus laundry ($6,353) and plus solar (approx. $11,000). General expenses are utilities $36,480, property taxes $39,572, insurance $6,880, management $17,166 and maintenance $18,400. There are set showing times to see this building. (id:38736)

Property Details

MLS® Number K21001014
Property Type Multi-family
Community Name Kingston
Communication Type Cable Internet Access
Equipment Type None
Features Level Lot, Balcony, Laundry- Coin Operated
Rental Equipment Type None

Building

Age Over 50 Years
Basement Development Finished
Basement Type Full (finished)
Exterior Finish Brick
Foundation Type Block
Heating Fuel Electric
Heating Type Baseboard Heaters
Utility Water Municipal Water

Parking

No Garage

Land

Access Type Road Access
Acreage No
Sewer Municipal Sewage System
Size Frontage 108.0000
Size Total Text Under 1/2 Acre
Zoning Description Multi

https://www.realtor.ca/real-estate/22884061/509-macdonnell-st-kingston-kingston

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Royal LePage Proalliance Realty, Brokerage
80 Queen Street
Kingston, Ontario K7K 6W7

(613) 544-4141
(613) 548-3830
www.discoverroyallepage.ca

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