Kingston, 423 PALACE Road - For Sale, $974,999

$974,999 Sale

Listed 36 days ago

423 PALACE Road

MLS® 40507377 House

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Beds · 3+2

Baths · 3.0

Garage · 0

Sqft · 2000

Est. mortgage

$3,699/mo

Key Facts

Key facts for 423 PALACE Road

Property Type

House, House

Parking

0 garage, 4 parking

MLS #

40507377

Size

2000 sqft

Basement

Finished, Full (Finished)

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

Description

Sellers Overview: Williamsville, Kingston legal triplex with rental agreements in place. August rents: 2400+2500+2620 a month = $7,520. Fully furnished units, this 2x2br, 1x1br has a near zero vacancy rate due to its proximity to Queens and hospitals. Frequently rented by physicians, foreign grad st...udents and post-doc students. Turn key operation showing an attractive 7.9% cap rate. Has been managed nearly exclusively online with tools available and offers self-check-in with keyless locks, making this investment perfect for an investor looking to DIY it, but not so much in person, to keep overhead costs down. A solar hot water heater, vinyl windows and upgraded insulation, means the utility bills are much lower than you’d expect. Numerous upgrades have been done. Low maintenance inside and out. Present owner has a housekeeper and inexpensive lawn and snow services in place, that are transferable if you wish. Typical tenancies are 1 yr or so, allowing for rent increases annually to keep pace with the rising market prices. (id:10452)

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Full Property Details

Interior

Bedrooms

Bedrooms Plus

Washrooms

3.0

Square Footage

2000 sqft

Basement

Finished

Heating Source

Natural gas

Heating Type

Forced air

Air Conditioning

Central air conditioning

Kitchens

Full Bathrooms

Half Bathrooms

Bedrooms

Bedrooms Plus

Washrooms

3.0

Square Footage

2000 sqft

Basement

Finished

Heating Source

Natural gas

Heating Type

Forced air

Air Conditioning

Central air conditioning

Kitchens

Full Bathrooms

Half Bathrooms

Exterior

Acreage

under 1/2 acre

Parking Spaces

Total Parking Spaces

Garage Spaces

Acreage

under 1/2 acre

Parking Spaces

Total Parking Spaces

Garage Spaces

Building Description

Style

House

Home Type

House

Subtype

House

Exterior

Vinyl siding

Sewers

Municipal sewage system

Water Supply

Municipal water

Style

House

Home Type

House

Subtype

House

Exterior

Vinyl siding

Sewers

Municipal sewage system

Water Supply

Municipal water

Community

Area Code

Kingston

Area Code

Kingston

Taxes & Fees

Tax Year

Other

Virtual Tour Link

https://my.matterport.com/show/?m=o82H91p3x8F

Virtual Tour Link

https://my.matterport.com/show/?m=o82H91p3x8F

Room Types

4pc Bathroom

Dimensions Dimensions 6'8'' x 5'4''

30 sqft

4pc Bathroom

Dimensions Dimensions Measurements not available x Measurements not available

0 sqft

Bedroom

Dimensions Dimensions 16'4'' x 11'4''

176 sqft

Full Name

Email: verona@email.com Cell: 0151 709 25000