2559-2573 KEPLER ROAD Active

Kingston (city North Of 401),ON K0H1M0

$ 1249900

17 Beds

8 Baths

5000 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $249

Subdivision 44 - City North Of 401

MLS Listing ID X12041932

Style Bungalow

Bedrooms 17

Property Description

First time publicly listed in almost 50 years. Eight (8) residential rental units on 31 acres of land just 10 minutes from Hwy. 401 off of Sydenham Road. Four (4) buildings, each with two 2-bedroom semi-detached units. Electric heat (paid by tenants). One unit has 3 bedrooms and a semi-finished basement with an updated oil tank (TSSA approved). Water is provided by 3 wells (each with separate treatment systems) and 4 septic systems (wells and septic systems fully tested/inspected in the last year). Newer breaker panels, hot water tanks, heaters, lights, switches/plugs, water treatment in three of the units, and numerous other improvements. One unit is fully renovated. Cash positive with 20% down (contact listing agent for financials). Possible VTB for downpayment. Significant lift opportunity with turnover and further improvements. Great investment opportunity or owner occupied with income/family compound. Walking distance to Loughborough Drive and a short drive to Kingston. (id:24570)

Location

Province ON

Rooms

Kitchen 1.0

Interior

Heating Baseboard heaters

Exterior

Parking Features No

View Y/N No

Building

Story 1

Sewer Septic System

Others

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