16 Unit Apartment Building for Sale on Russell Street. Solid concrete constructions with masonry brick exterior. Property consists of 8×1 Bedroom Suites and 8×2 Bedroom Suites. All apartments are self-contained and separately metered for hydro/heat. Large windows and above-average suite sizes throughout. Nine upper units feature balconies. Common laundry and ample parking on site with potential to increase revenue. Professionally managed, and located in a high demand residential area, walking distance to downtown Kingston, Queen’s University, Grocery Stores, schools and Kingston’s waterfront. Property represents a rare value-add investment due to current below-market rent structures and operational upside opportunity, offering significant upside in projected yearly NOI.
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