SPLENDID QUEENS STUDENT RENTAL PROPERTY - this 5 bed, 1.5 bath house is located within walking distance to campus. Well maintained with steel roof, vinyl windows and gas furnace. Newly renovated basement provides a common area and den as well as laundry and storage. Large fenced yard with parking for 2 vehicles. Front sunroom is perfect for bikes, recycling, etc. Currently rented for $4500 plus utilities until April 30, 2025. Current Cap Rate is approximately 6.7%. Potential for another $900 per month should someone wish to use the den as a 6th bedroom and the Cap Rate then would be approximately 8.2%.
MLS# | X9367339 |
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Listing Type | For Sale |
Style | House |
Sub-Type | Resale |
Status | Active |
Days On Site | 211 |
Listing Provided By | ROYAL LEPAGE PROALLIANCE REALTY BROKERAGE | Not Provided |
Bed(s) | 5 |
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Bath(s) | 2 |
Basement | Y |
Province | ON |
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County | Kingston |
City | Kingston |
Postal Code | K7K 3Z9 |
Area | Frontenac |
Listing VS Median (In K7K 3Z9) | |
Price: $699,900 low | high Med: $0 On site: 211 low | high Med: |