Property Details

Overview

This is a great opportunity to invest in the heart of Kingston’s Midtown. This profitable five-unit home is a proven money maker with solid tenants in place and a 9.16 cap rate. Built in 1920 and just a few blocks from Uptown Kingston. Perfectly situated near much of what makes this area so special. Rental units are in high demand as Kingston continues to grow. Two 2-bedroom units, two 1-bedroom units, and one studio with its own exterior entrance. Unit #2 has access to the backyard with a covered porch. The basement is finished with an office, kitchen sink, refrigerator, microwave, and a full bathroom. The heating system and roof are new. Tenants are just a few blocks from cafes, restaurants, and public transportation. The backyard is ready for landscaping to create some quality outdoor space.