579 Macdonnell Street, Kingston, ON K7K 4W9 – Kingston – $475,000

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Description

All brick legal duplex with amazing income potential in the highly desirable Kings court area. Upper level includes 3 spacious bedrooms and 1 full bathroom, with a large living/dining room, 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 and parking pad in the front for 2 cars. Current income $43k+, potential income $55k+ with positive cash flow – $60k+ as a student rental! Property needs work but a great investment opportunity with excellent value add potential!

Property Details

• Bedrooms: 6
• Property Type: Residential Freehold
• List Price: $475,000
• Parking Spaces: 2
• Tax Year: 2024
• Annual Taxes: $3,666