2559-2573 KEPLER ROAD, Kingston (City North of 401), Ontario, K0H 1M0

$1,149,900

MLS® # X12358531

Investment For Sale In Sharpton / Glenvale, Kingston (City North of 401), Ontario

$1,149,900

Property Information:

First time publicly listed in almost 50 years. Eight (8) residential rental units on 31 acres of land just 10 minutes from Hwy. 401 off of Sydenham Road. Four (4) buildings, each with two 2-bedroom semi-detached units. Electric heat (paid by tenants). One unit has 3 bedrooms and a semi-finished basement with an updated oil tank (TSSA approved). Water is provided by 3 wells (each with separate treatment systems) and 4 septic systems (wells and septic systems fully tested/inspected in the last year). Newer breaker panels, hot water tanks, heaters, lights, switches/plugs, water treatment in three of the units, and numerous other improvements. One unit is fully renovated. Cash positive with 20% down (contact listing agent for financials). Possible VTB for downpayment. Significant lift opportunity with turnover and further improvements. Great investment opportunity or owner occupied with income/family compound. Walking distance to Loughborough Drive and a short drive to Kingston. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Amenities: Separate Hydro Meters
  • Architectural Style: Bungalow
  • Basement Development: Unfinished
  • Basement Type: Partial
  • Exterior Finish: Vinyl siding, Wood
  • Fire Protection: Smoke Detectors
  • Floor Space: 5000 - 100000 sqft
  • Foundation Type: Block
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Cooling Type: None
  • Appliances: Water purifier, Water softener, Water Treatment, Two stoves

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 17
  • Bathrooms: 8
  • Features: Irregular lot size, Level, Carpet Free
  • Floor Space (approx): 5000 - 100000 Square Feet
  • Irregular: Yes
  • Lot Frontage: 237.8 Feet
  • Lot Size: 237.8 FT ; Property is 177 ft wider in South half.
  • Structure Type: Porch
  • Utility Type: Hydro - Installed
  • Zoning: R1, A1 Multi-residential
  • Sewer: Septic System
  • Parking Type: No Garage
  • No. of Parking Spaces: 24

Rooms:

  • Kitchen Main Level 4.70 m x 4.59 m
  • Living Main Level 4.93 m x 4.73 m
  • Primary Bedroom Main Level 3.64 m x 2.92 m
  • 2nd Bedroom Main Level 2.98 m x 2.91 m
  • Bathroom Main Level 1.68 m x 1.50 m
  • Utility Main Level 3.15 m x 2.44 m

Courtesy of: EXP REALTY, BROKERAGE

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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