442-444 Montreal St

Kingston | | K7K 3H7
  • 4908.34 sqft
  • 0 gar

$550,000

Est. Mtg $1,864 /mo
  • Days on market

    96

  • Status

    U

Listing Broker MYSAK REALTY INC.
Since listed: 4 views

Home details

MLS #:

X9005222

Property type:
Investment
Style:
Taxes:
$5,647
Possession:
TBA
Condo Fee:
Lot Size:
56.08 X 105.04
Zoning:
A
Use:
Heat:
Elec Forced Air

Description


442-444 Montreal St, , Kingston, Ontario is a Investment property in Kingston and in the community in the K7K 3H7 postal code


Approx. going-in cap rate of 6.2% @ $137k/unit. 4x 1-bedroom units, approx. 700 sqft each. An add-value investors ideal next project. Approx. 31% lift on overall rent roll once stabilized. Hydro is separately metered; however, the landlord currently pays - opportunity to pass this expense to tenants in the future to decrease overall expenses and increase NOI. Steel Roof (2014) , Furnace (2021). 3 Parking spots..

Extras

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Payment calculator

$2335 monthly. In association with: TD Bank
%
  • Principal and Interest
    1864 /mo
  • Property Taxes
    $470 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Daniella Silvestri, Realtor

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