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781 Main Street in Kingston: 404-Kings County Multi-Family for sale (Annapolis Valley) : MLS®# 201806766

781 Main Street Kingston B0P 1R0 : 404-Kings County

Main Photo: 781 Main Street in Kingston: 404-Kings County Multi-Family for sale (Annapolis Valley)  : MLS®# 201806766
$225,000
Prop. Type:
Multi-Family
MLS® Num:
201806766
Status:
Pending
Great Investment! 5 unit building with 2 - 1 bedroom and 3 - 2 bedroom units. Tenants pay their own utilities (Heat / Lights & Hot Water). Owner pays electricity on drilled well pump. Minutes from Greenwood area. Many upgrades in the past 5 years including: New Roof, New Vinyl Siding. All apartments are in terrific shape. Zoned C-2. Plenty of parking. Located on a bus route, with easy access to all amenities. All tenants have signed leases. Easy to rent location. Current rents - # 1 - $ 625, # 2 - $ 500, # 3 - $ 525, # 4 - $ 600 and # 5 - $ 600. Each apartment has been vacated and updated over the past few years, it is now fully rented. Financials as indicated are CURRENT, no past financials will be provided.
Highway 101 to exit 17 south to Highway 1, west to civic #
Listing Sub-Area:
404-Kings County
Property Type:
Multi-Family
Multi-Family Type:
5 - 8 Unit
Title To Land:
Freehold
Lot Details:
11,188 sq.ft.
Lot Size:
Switch units of measure0.26 acre(s)
Prop Size:
Under 0.5 Acres
Commercial / Retail Space:
No
# of Rental Units / Occupied:
5
Exterior Finish:
Vinyl
Foundation:
Concrete
Basement:
Crawl Space
Floor Finish:
Hardwood, Laminate, Vinyl
Roof:
Asphalt Shingle
Heating:
Baseboard
Fuel:
Electric
Driveway:
Circular, Double, Gravel, Multi, Paved
Water Supply:
Drilled Well
Water And Sewage:
Included with Taxes
Sewer:
Municipal
Num 1 Bed Units:
2
Num 2 Bed Units:
3
# Of Fridges:
5
# Of Stoves:
5
Rental Income:
34,200
Approx. Net Income:
27,999.11
Insurance Expense:
2,500
Taxes Costs:
2,832.79
Other Costs:
300 Lawn Mowing
Snow / Garbage Collection:
300.00
Electricity Bill:
268.10
Approx. Total Expense:
6,200.89
HST:
Exempt from HST
Approx. Total Income:
34,200
5 Fridge, 5 Stoves
Public Transit, Playground, Recreation Center, Shopping, School Bus Service, Park
Stove, Refrigerator
None
Shed
No
Zoning:
C2
Elementary School:
Kingston & District School
Middle School:
West Kings District High School
High School:
West Kings District High School
Possession Info:
30-60 Days
Listed Date:
Apr 04, 2018
Days on Mkt:
48
Listing information last updated on May 12, 2018 at 08:10 AM (UTC)
Kevin Stacey