About 759 High Gate Park Drive
Turnkey Triplex in Kingston - Fully Renovated and Vacant (lower units will be advertised for rent shortly). Exceptional investment opportunity offering three self-contained units, extensive renovations, and projected rental income of $5,295/month ($63,540 annually), with tenants paying their own separately metered utilities. This triplex features a spacious 3-bedroom, 1-bathroom main-floor unit with projected rent of $2,195/month, plus two lower-level 1-bedroom, 1-bathroom units with projected rents of $1,575 and $1,525/month. All three units are currently vacant, allowing investors to select their own tenants and establish leases at current market rents, or offering an excellent opportunity for owner-occupancy with additional rental income. Extensive improvements include a new roof, some new windows and doors, three new kitchens, two new bathrooms, new flooring and fresh paint throughout, new basement insulation, plumbing upgrades, acoustic panels, two dedicated HRV systems, and three new hot water tanks. The property features 200-amp electrical service with three individual 100-amp panels, separately metered utilities, a gas furnace and central A/C for the main-floor unit, and electric baseboard heating for the lower units. Each unit benefits from its own designated parking space, complemented by fencing on three sides of the property. Offering approximately 2,040 sq. ft. of total interior floor area across both levels, this extensively updated property provides a rare opportunity to acquire a vacant, income-producing legal triplex without the challenges of inheriting existing tenancies. An excellent addition to any investment portfolio! (id:6289)
More Info on this 37 - South of Taylor-Kidd Blvd Triplex MLS® listing
759 High Gate Park Drive is a triplex listing for sale in Kingston (South of Taylor-Kidd Blvd). The MLS® number is X14095612. It features 5 bedrooms, 3 bathrooms. It's currently listed for $809,000. For more details on MLS® X14095612, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This triplex listing in 37 - South of Taylor-Kidd Blvd is available now!
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