451 Alfred ST , Kingston

5 Bed / 2 Bath / $424,880 / MLS® #:K19000718

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NOT MANY OF THESE AROUND"¦if you are looking for a solid investment, you have found the right place to park your money. This 5 bedroom, 2 bath Queen's student rental is located the right distance from campus. Not too close that it will get destroyed by partiers, and just far enough away that you will have studious students wanting to rent. Currently leased until April 30, 2020 to 5 students for $3000 plus utilities. The Owner will be creating a new bedroom on the main floor (in lieu of the dining room) and this will leave a decent sized, bright common space, 3 bedrooms on the second floor and a huge loft bedroom that runs the entire length of the home. Newer vinyl windows, large deck off the kitchen, and a high efficiency gas furnace round out the details. One more bit of information to add, at a purchase price of $420,000, the approximate Cap Rate is 7.5%. SEE IF YOU CAN FIND THAT SOMEWHERE ELSE AND IF YOU DO, BUY IT"¦ (id:10452)

Property Details

Property Type House
Architectural Style 3 Level
Square Feet
Maintenance N/A
Days On Our Website 36
Basement Unfinished - Full (Unfinished)
Kitchens 1
Lot Dimensions 33x65|under 1/2 acre
Pool N/A
Area Kingston
Air Conditioning N/A
Heating Natural gas - Forced air
Exterior Aluminum siding
Parking Spaces 2
Parking Type No Garage
Sewers Municipal sewage system
Water Municipal water

Listing Office: CENTURY 21 LIMESTONE REALTY LTD., BROKERAGE



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