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87 Chatham Street

$ 465,000
87 Chatham Street,
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Solid duplex property centrally located in downtown Kingston. Unit 1 spans 2 full levels, consisting of 4 Bedrooms, open-concept Kitchen & Living area on main level, 1 full bath, and full unfinished lower level. Unit 2 is an upgraded rear addition, 1-Bedroom self-contained cozy suite, spanning main and lower level. Each unit offers over 8 ft ceilings, large windows, and full appliances. Over 30K of upgrades, including new furnace, chattels, kitchens, spray foam insulation, drainage and more. Both units have separate electrical panels for future submetering. Always leased to great tenants, this property represents a rare and affordable investment opportunity in downtown Kingston – live in one unit and rent the other or continue renting both. Property is situated less than 1 block from new high-end residential developments where rents are double those of subject property. Significant future upside in rental income available.

Address: 87 Chatham Street
Zip: K7K 4H1
Country: Canada
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Website ID: 28113
Price: $ 465,000
Zoning: A
Realty Taxes: $3,010 (2020)
walkscore81 / Very Walkable more details here

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