579 Macdonnell Street Kingston, Ontario K7K 4W9

$495,000

All brick legal duplex with amazing income potential in the highly desirable Kingscourt area. Upper level includes 3 spacious bedrooms and 1 full bathroom, with a large living/dining room, separate eat-in kitchen with breakfast area and potential for ensuite laundry. Lower level includes a second self-contained unit with 3 spacious bedrooms and 1 full bathroom, with living room and ensuite laundry room and 2 separate entrances. Large backyard in the rear with a detached single car garage as well as a parking pad in the front for 2 additional cars. Upper level unit currently vacant. Current income from the lower level unit only is $22k+, potential income $55k+ with positive cash flow OR $64k+ as a student rental with over 9% cap rate! Property needs work but a great investment opportunity with excellent value add potential! (id:61215)

Property Details

MLS® Number	X12639710
Property Type	Single Family
Community Name	22 - East of Sir John A. Blvd
Amenities Near By	Public Transit, Park, Schools
Community Features	Community Centre
Parking Space Total	3

Building

Bathroom Total	2
Bedrooms Above Ground	3
Bedrooms Below Ground	3
Bedrooms Total	6
Amenities	Separate Electricity Meters
Appliances	Water Heater, Dryer, Stove, Washer, Refrigerator
Architectural Style	Bungalow
Basement Features	Separate Entrance, Apartment In Basement
Basement Type	N/a, N/a
Construction Style Attachment	Detached
Cooling Type	None
Exterior Finish	Brick
Foundation Type	Concrete
Heating Fuel	Electric
Heating Type	Baseboard Heaters
Stories Total	1
Size Interior	1,100 - 1,500 Ft2
Type	House
Utility Water	Municipal Water

Parking

Detached Garage
Garage

Land

Acreage	No
Land Amenities	Public Transit, Park, Schools
Sewer	Sanitary Sewer
Size Depth	112 Ft
Size Frontage	33 Ft
Size Irregular	33 X 112 Ft
Size Total Text	33 X 112 Ft|under 1/2 Acre

Rooms

Level	Type	Length	Width	Dimensions
Basement	Bedroom 3			Measurements not available
Basement	Laundry Room			Measurements not available
Basement	Living Room			Measurements not available
Basement	Kitchen			Measurements not available
Basement	Primary Bedroom			Measurements not available
Basement	Bedroom 2			Measurements not available
Main Level	Living Room			Measurements not available
Main Level	Kitchen			Measurements not available
Main Level	Eating Area			Measurements not available
Main Level	Primary Bedroom			Measurements not available
Main Level	Bedroom 2			Measurements not available
Main Level	Bedroom 3			Measurements not available

https://www.realtor.ca/real-estate/29192902/579-macdonnell-street-kingston-east-of-sir-john-a-blvd-22-east-of-sir-john-a-blvd