176 Nelson Street, Kingston, ON K7L 3X1, Kingston, ON, K7L 3X1
MLS: X12164939 | Multiplex
$849,900
Property Description
Purpose-built fourplex, in the university district, south of Princess Street and a block from Victoria Park is ready for new tenants! This is a fantastic opportunity to expand your portfolio or a strategic place to live and build wealth. This building sits on a deep treed lot, south of princess and offers one pad parking spot. There are four separately metered units, three one-bedroom units, and one bachelor suite, all with front and rear egress and access to the large back yard as well as utility and bicycle storage. Ideal for students, all units have updated kitchens and ample storage you'll love the sunny, East facing living rooms, while most bedrooms are at the rear of the building, away from the bustle of the street. This spot is a breeze to maintain with slab on grade construction, a metal roof and regularly serviced radiant heating, the building is secure and offers ample exterior lighting for peace of mind. Three units are vacant now and ready for a new owner to move in or retain new tenants for the coming year. The location of this property cannot be better, close to the everyday conveniences of Princess Street, and North to the Memorial Farmers Market; South the beauty of the venerable Victoria Park is only a block away, Queen's and KGH are a mere 15-minute stroll. This is sure to be a gem in your portfolio.
Quick Facts
- Property Type: Multiplex
- Style: 2-Storey
- Bedrooms: 4 (4 above)
- Bathrooms: 4
- Parking: 1.0 space (Front Yard Parking)
- Lot Size: 3,692 sq ft (343.0 m²)
Costs
- Annual Taxes: $5,277.61 (2024)
Listing Provided by: ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Cooling: None
- Basement: None
Exterior & Construction
- Style: 2-Storey
- Exterior: Lighting
- Roof: Metal
- Construction: Vinyl Siding
- Foundation: Slab
- Sewer: Sewer
Lot & Land
- Lot Size: 3,692 sq ft (343.0 m²)
- View: City
- Pool: None
- Zoning: A
Community & Neighbourhood
- Neighbourhood: 14 - Central City East
Listing Information
Listing History
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176 Nelson Street, Kingston, ON K7L 3X1, Kingston, ON, K7L 3X1