ON
Kingston (Rideau)
K7K5Y4
80 Virginia Street
80 Virginia Street, Kingston (Rideau), ON K7K5Y4
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Listing Type
Multi Family
Listing Status
Active
16
$4,750,000

Home Details for 80 Virginia Street

Price
$4,750,000
Type
Residential Income
Listing #
X13124720
Property Description

Excellent opportunity to acquire a well-maintained 25-unit low-rise apartment building in Kingston, Ontario. Previously REIT-owned, this property has been professionally managed and is in excellent overall condition. Conveniently located on a bus route, minutes to Highway 401, and close to downtown Kingston.The building offers stable in-place income with clear upside through rental increases on tenant turnover. Additional lift may be available by having new tenancies pay their own hydro.A clean, stabilized multifamily asset in a strong rental market with meaningful long-term upside. (id:31684)

Property Features
  • Cooling Information
    • None
  • Heating Information
    • Radiant
Listing Courtesy: RE/MAX RISE EXECUTIVES, BROKERAGE
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EXIT REALTY ACCELERATION, BROKERAGE
32 Industrial Blvd, Napanee, ON K7R 4B7
Office
613-354-4800
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