2559-2573 KEPLER RD new

Kingston,ON K0H 1M0

$ 1249900

17 Beds

8 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

Subdivision 44 - City North Of 401

MLS Listing ID X12041932

Style Bungalow

Bedrooms 17

Building Age 51-99

Annual Tax Amount $8,994

Tax Year 2024

Lot Size 25.000 Acres

Property Sub-Type Multiplex

Appx SqFt 5000 +

Property Description

First time publicly listed in almost 50 years. Eight (8) residential rental units on 31 acres of land just 10 minutes from Hwy. 401 off of Sydenham Road. Four (4) buildings, each with two 2-bedroom semi-detached units. Electric heat (paid by tenants). One unit has 3 bedrooms and a semi-finished basement with an updated oil tank (TSSA approved). Water is provided by 3 wells (each with separate treatment systems) and 4 septic systems (wells and septic systems fully tested/inspected in the last year). Newer breaker panels, hot water tanks, heaters, lights, switches/plugs, water treatment in three of the units, and numerous other improvements. One unit is fully renovated. Cash positive with 20% down (contact listing agent for financials). Possible VTB for downpayment. Significant lift opportunity with turnover and further improvements. Great investment opportunity or owner occupied with income/family compound. Walking distance to Loughborough Drive and a short drive to Kingston.

Location

Province ON

County Frontenac

Community 44 - City North Of 401

Area Frontenac

Zoning R1, A1 Multi-residential

Rooms

Family Room No

Kitchen 8

Interior

Cooling None

Inclusions 2 refrigerators and 2 stoves.

Exterior

Exterior Feature Porch

Parking Features Private

Pool None

View Meadow,Pasture,Trees/Woods

Roof Type Shingles

Building

Foundation Block

Others

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