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Properties for Sale - Principals Only
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KINGSTON
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12 Suite Apartment Building
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EXCELLENT LOCATION
- Asking $630,000
- Asking $52,500 per suite
- Electric Baseboard Heating
- Parking Lot Paved in 2007
- Roof Re-Shingled in 2003
- 25% New Laminate Floors
- Good Tenant Profile
- Some Upside on Rents
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- 2 x One Bedroom
10 x Two Bedrooms
- Building Well Maintained
- Close to Hwy 401 and Downtown
- 8.0% CAP Rate
- 20.2% R.O.I.
- Ex. 1st Mortgage $344,481.73 @ 5.6%
paying $2,221.00 P&I, due August 2010.
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If you are interested in the above property,
please contact the Skyview Team.
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