231 Albert ST new

Kingston,ON K7L 3V4

$ 2175000

12 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision 14 - Central City East

MLS Listing ID X12159209

Style 2-Storey

Bedrooms 12

Annual Tax Amount $10,141

Tax Year 2025

Property Sub-Type Duplex

Property Description

Impressive duplex ideally located just steps from Queens University main campus. Resting on Albert Street south close to Union Street, this property is literally a stones throw to the Smith School of Business and other key faculty buildings. Each unit features 6 spacious bedrooms, 2 full bathrooms, efficient kitchens with dining space and separate living area. The units are finished with durable materials and exceptionally well maintained making it an ideal investment opportunity. Set on a 52 x 165 ft lot there is parking for 6 vehicles at the rear offering additional revenue and this bonus remaining lot space could allow for potential future development. Generating a gross annual income of $157,660, with tenants covering all utilities, this superb rental property in prime downtown location has never experienced vacancy and is fully rented until April 30th, 2026.

Location

Province ON

County Frontenac

Community 14 - Central City East

Area Frontenac

Rooms

Family Room No

Basement Partially Finished

Kitchen 2

Interior

Interior Features Other

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Private

Pool None

Roof Type Asphalt Shingle

Lot Frontage 52.0

Lot Depth 165.0

Total Parking Spaces 6

Building

Foundation Poured Concrete

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