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34 Barbara Avenue

$ 475,000
34 Barbara Avenue,
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All brick, purpose built legal triplex located on an oversized 100 ft x 100 ft Lot located off Division street approx. 2.5 Km from Downtown Kingston. Property benefits from multiple income streams: Rental Apartments, Leased Detached Garage, & Solar Panel Income. Apartment Income includes: Unit 1 (2 Bed, 1 Bath), Unit 2 (3 Bed, 1 Bath), Unit 3 (3 Bed, 1 Bath). All apartments are oversized and separately metered for hydro/heat. Landlord pays water/sewer, common hydro/heat.

Full sized garage built in 1989 is separately metered for hydro/heat, contains an office area, separate area for sink and toilet, and fully leased. Solar panels on Building and Detached Garage installed in 2012 under MicroFit contract until Year 2032, generates approx. $900/month of additional income. Recent Upgrades include: All new windows, fire doors, plumbing, upgraded bathroom, some drywall, and roof (2009). Significant upside in rental income following tenant turnover Unit 3 available for immediate rent. Future development

Address: 34 Barbara Avenue
Zip: K7K 2M8
Country: Canada
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Website ID: 24497
Price: $ 475,000
MLS: K19007443
Parking: Driveway
Zoning: A5.381
Realty Taxes: $4,718 (2019)
walkscore54 / Somewhat Walkable more details here

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