This well-maintained, 3-building, apartment complex offers a solid investment opportunity. Featuring 2 one-bedroom units and 32 two-bedroom units, each apartment is separately metered with tenants responsible for their own electric heating. The two front buildings are 3-storey structured with 12 units each, while the rear building, constructed in 2011, has 10 units on two levels. With 7 annual leases and 27 term leases, the property boasts a stable and mature tenant base. Located near CFB Greenwood, the largest employer in the region and a popular destination for retired military personnel, the complex enjoys proximity to a variety of commercial amenities and activities. This prime location, combined with the property's excellent condition, makes it an ideal investment in a stable and growing community. (id:24625)
MLS® Number | 202424824 |
Property Type | Multi-family |
Community Name | Kingston |
Amenities Near By | Golf Course, Park, Playground, Shopping |
Features | Balcony |
Structure | Shed |
Appliances | Stove, Dishwasher, Dryer, Washer, Refrigerator |
Constructed Date | 1990 |
Exterior Finish | Vinyl |
Fireplace Present | No |
Flooring Type | Carpeted, Tile, Vinyl, Other |
Foundation Type | Concrete Perimeter, Concrete Slab |
Type | Apartment |
Utility Water | Drilled Well |
Acreage | Yes |
Land Amenities | Golf Course, Park, Playground, Shopping |
Sewer | Municipal Sewage System |
Size Irregular | 2.17 |
Size Total | 2.17 Ac |
Size Total Text | 2.17 Ac |
https://www.realtor.ca/real-estate/27551881/354356366-lincoln-street-kingston-kingston
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Margaret Mackay
John Mackay