Great opportunity to purchase a Legal Triplex in the Downtown of Kingston.
Approvals in place for a 3 bed unit on the main level with access to the lower level for an additional bathroom/kitchen and rec area.
There is a 2 bedroom unit on the second level (currently vacant) and a one bedroom on the upper level.
Potential Gross Revenue of $73,860 with a further revenue of $7,200 to be achieved from two on site parking spots and a large Garage.
Expenses are calculated at $12,750.00 providing a potential NOI of $65,000.
This could be a personal home with additional income from upper level rentals.