Description

 Price: $ 1,459,000.00 MLS^®: X13151032         Location : 186 Rideau Street, Kingston, ON K7K 3A3

Attention Investors! Here is a rare opportunity to acquire a rock-solid, fully tenanted 6-plex at 186 Rideau Street, making it a turnkey addition to any multi-family portfolio. This prime property features an excellent, high-demand unit mix of one, two and three bedroom layouts, all occupied by reliable, long-term tenants and offers potential for future appreciation and rental upside. Convenience is key with dedicated parking for 6 vehicles and on-site coin laundry for extra revenue streams. Select apartments boast beautiful water views. Major capital improvements have already been taken care of, including a steel roof and high-efficiency boiler heating system for worry-free ownership and optimized utility costs. Offering a balance of cash flow, long-term stability, and an unbeatable location, this exceptional investment opportunity is ready for its next owner. Schedule your private viewing today! Rent roll, expenses and list of property updates available upon request.

Location Description

Raglan Road

Property Details

• Community: 22 - East of Sir John A. Blvd
• Property Type: Tenant/Residential Freehold
• Bedrooms: 11
• Bath: 6
• Garages: None

Building Features

• Foundation Type: Stone
• Construction Material: Vinyl Siding
• Total Parking Space: 6

Features

• Heating: Other Gas
• Sewer: Sewer ,

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