Centrally located 2-unit opportunity in Kingston. Large 2 family home with detached 2 car garage and big backyard. Front apartment is a 2 story 3 bedroom 2 bath apartment with washer and dryer hookup, unit is in very good condition with excellent tenant, second apartment is in the back, third floor unit offering 3 bedrooms and one bath is good condition also with a great rents. Garage is rented for $250 a month on a month to month basis. A great return in a lovely residential area just minutes to the Downtown Kingston Waterfront. These units are nicely sized 3 bedroom units. Please see associated docs for breakdown of Income & Expenses. Cap rate at asking price is 9.75% which includes all expenses including a 5% repair/maintenance expense and a 3% vacancy rate.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
