$4,750,000 | Available For Sale ,,, 80 Virginia Street , Kingston, K7K 5Y4, Frontenac

$4,750,000

Available - For Sale

Listing ID: X13124720

80 Virginia Street , Kingston, K7K 5Y4, Frontenac

Excellent opportunity to acquire a well-maintained 25-unit low-rise apartment building in Kingston, Ontario. Previously REIT-owned, this property has been professionally managed and is in excellent overall condition. Conveniently located on a bus route, minutes to Highway 401, and close to downtown Kingston.The building offers stable in-place income with clear upside through rental increases on tenant turnover. Additional lift may be available by having new tenancies pay their own hydro.A clean, stabilized multifamily asset in a strong rental market with meaningful long-term upside.

Price	$4,750,000
Taxes:	$56973.17
Tax Type:	Annual
Occupancy:	Tenant
Address:	80 Virginia Street , Kingston, K7K 5Y4, Frontenac
Postal Code:	K7K 5Y4
Province/State:	Frontenac
Legal Description:	PT BLK C, PL 1675, PTS 9 & 19, 13R2597;
Directions/Cross Streets:	Virginia St and Sutherland Dr

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Category:	Apartment
Use:	Apts - Over 20 Units
Building Percentage:	T
Total Area:	210000.00
Total Area Code:	Square Feet

Washrooms:	0
Heat Type:	Radiant
Central Air Conditioning:	No

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.

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Type:	Com - Investment
Area:	Frontenac
Municipality:	Kingston
Neighbourhood:	23 - Rideau
Style:
Lot Size:	x 295.16(Feet)
Approximate Age:
Tax:	$56,973.17
Maintenance Fee:	$0
Beds:	0
Baths:	0
Garage:	0
Fireplace:	N
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