130 James Street, Kingston, ON, K7K 1Z4

$575,000

MLS® # 40583680

Investment For Sale In Inner Harbour, Kingston, Ontario

$575,000

Property Information:

Investment Property offers a two-story well-maintained duplex in downtown Kingston. Owned as a lucrative rental property for over 20 years—gross $33,000 (2023), taxes $4,228.81 (2023). Tenants pay utilities. Both apartments include two bedrooms, one full bathroom, spacious living, kitchen and dining rooms and a washer/dryer. Both apartments have electric baseboards, with the main floor apartment enhanced with a cozy natural gas fireplace. The apartments were rented over the years as non-smoking and both furnished/unfurnished, mainly to Queen’s/RMC graduate or professional students or working professionals. Lower apartment is currently unoccupied allowing a new owner flexibility. Most recent renovations—windows 2016-2019, metal roof 2018, lower apartment bathroom and flooring 2024, shed roof 2024, newly painted 2024. Large deep lot allows for parking three vehicles, development, or enjoyment of a beautiful mature back yard. This turnkey property is a few minutes walk to downtown amenities, the waterfront and public transit. An excellent opportunity for investors, first-time buyers or downsizers. Don’t miss this opportunity!

Inclusions: Carbon Monoxide Detector,Smoke Detector,Window Coverings,Refrigerator X 2, Stove X 2, Washer X 2, Dryer X 2

Exclusions : None

Building Features:

  • Floor Space: 1690 Square Feet

Property Features:

  • Bedrooms: 4
  • Acres Range: < 0.5
  • Basement: Crawl Space, Unfinished, Sump Pump
  • Construction Materials: Vinyl Siding
  • Cooling: Wall Unit(s)
  • Driveway Parking: Private Drive Single Wide
  • Exterior Features: Landscaped
  • Fencing: Fence - Partial
  • Floor Space (approx): 1690 Square Feet
  • Heating: Baseboard, Fireplace(s), Natural Gas
  • Interior Features: Separate Heating Controls, Separate Hydro Meters
  • Laundry Features: In-Suite
  • Lot Depth: 133.1 Feet
  • Lot Features: Airport, Dog Park, City Lot, Highway Access, Hospital, Library, Park, Place of Worship, Playground Nearby, Public Transit, Schools, Shopping Nearby
  • Lot Frontage: 37.59 Feet
  • Other Structures: Shed(s)
  • Road Frontage Type: Municipal Road
  • Road Surface Type: Paved
  • Roof: Metal
  • Security Features: Carbon Monoxide Detector, Smoke Detector, Carbon Monoxide Detector(s)
  • Water Source: Municipal
  • Window Features: Window Coverings
  • Zoning: A 332
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 3

Courtesy of: Chestnut Park Real Estate Ltd., Brokerage

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