579 Macdonnell Street

For Sale
4.65 BTC
579 Macdonnell Street, Kingston
3 + 3
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
11
ROOMS
X12639710
MLSID
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Property Description
All brick legal duplex with amazing income potential in the highly desirable Kingscourt area. Upper level includes 3 spacious bedrooms and 1 full bathroom, with a large living/dining room, separate eat-in kitchen with breakfast area and potential for ensuite laundry. Lower level includes a second self-contained unit with 3 spacious bedrooms and 1 full bathroom, with living room and ensuite laundry room and 2 separate entrances. Large backyard in the rear with a detached single car garage as well as a parking pad in the front for 2 additional cars. Upper level unit currently vacant. Current income from the lower level unit only is $22k+, potential income $55k+ with positive cash flow OR $64k+ as a student rental with over 9% cap rate! Property needs work but a great investment opportunity with excellent value add potential!
Property Features
Rec./Commun.Centre, Public Transit, Park, School, Separate Hydro Meter, Water Heater, Mutual
Property Details
Property Type
Detached
Lot Size
33' x 112'
Taxes
$3,666 (2024)
Basement
Separate Entrance, Apartment
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Parking Spaces
2
Garage Type
Detached
Listing contracted with North 2 South Realty
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