$2,200,000
Apartment
196 CONCESSION Street
Kingston, K7K2B5
No obligation, free tour cancelation.
Beds · 21
Baths · 11.0
Sqft · 10000.0000
Description
This 11-unit apartment building is available for acquisition in the emerging market of downtown Kingston. Current rents are well below market value, indicating immediate potential for increased revenue. The property allows for a strategic expansion with space for an additional unit, offering an even... greater income opportunity. This creates potential for a 12-unit complex, providing a direct path for maximizing profitability and return on investment. The building is located in a pleasant neighbourhood experiencing consistent population growth. The ongoing urban transformation and growing demand for rental spaces make this a unique and compelling investment opportunity. Invest now to secure this prime property in the rapidly developing real estate market of downtown Kingston. For more details or to schedule a tour, please get in touch. View media section for floor plans, photos, and financials. (id:10452)
General
Type
Apartment
Style
-
Year Built
1950
Square Footage
10000.0000 sqft
Taxes
-
Maintenance Fee
-
Listing courtesy of:
Re/Max Rise Executives, Brokerage
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.