This fully tenanted triplex presents an exceptional investment opportunity in a highly convenient central location. The property features three spacious 2-bedroom units, each offering a full bathroom, in-suite laundry, and bright, functional layouts that attract quality tenants. Apartment #1 is rented for $1,800/month, while Apartments #2 and #3 each rent for $1,600/month. Tenants pay their own Heat and Hydro, with the Landlord covering Water and Sewer, ensuring straightforward management and consistent cash flow. Ideally situated near the Kingston Centre, downtown Kingston, Queen's University, and St. Lawrence College, this property provides excellent accessibility and strong rental demand. With easy transit access, close proximity to Highway 401, and nearby amenities including shops, restaurants, and Kingston's vibrant waterfront, 1348 Princess Street is a turnkey investment offering stability, convenience, and growth potential in one of Ontario's most desirable rental markets. (id:48744)
| MLS® Number | X12477678 |
| Property Type | Multi-family |
| Neigbourhood | Hillendale |
| Community Name | 25 - West of Sir John A. Blvd |
| AmenitiesNearBy | Public Transit |
| ParkingSpaceTotal | 5 |
| BathroomTotal | 3 |
| BedroomsAboveGround | 4 |
| BedroomsBelowGround | 2 |
| BedroomsTotal | 6 |
| Age | 51 To 99 Years |
| Amenities | Separate Heating Controls |
| Appliances | Water Heater, Dryer, Stove, Washer, Refrigerator |
| BasementDevelopment | Finished |
| BasementFeatures | Separate Entrance, Walk-up |
| BasementType | N/a, N/a (finished), Full, N/a |
| CoolingType | None |
| ExteriorFinish | Vinyl Siding |
| FoundationType | Block |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| StoriesTotal | 2 |
| SizeInterior | 1500 - 2000 Sqft |
| Type | Triplex |
| UtilityWater | Municipal Water |
| Attached Garage | |
| Garage |
| Acreage | No |
| LandAmenities | Public Transit |
| Sewer | Sanitary Sewer |
| SizeDepth | 200 Ft |
| SizeFrontage | 53 Ft |
| SizeIrregular | 53 X 200 Ft |
| SizeTotalText | 53 X 200 Ft|under 1/2 Acre |
| ZoningDescription | Ca |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Kitchen | 3.4 m | 2.34 m | 3.4 m x 2.34 m |
| Second Level | Living Room | 4.48 m | 5.44 m | 4.48 m x 5.44 m |
| Second Level | Office | 3.42 m | 2.45 m | 3.42 m x 2.45 m |
| Second Level | Primary Bedroom | 3.67 m | 3.65 m | 3.67 m x 3.65 m |
| Second Level | Bathroom | 1.47 m | 2.5 m | 1.47 m x 2.5 m |
| Second Level | Bedroom | 3.11 m | 3.68 m | 3.11 m x 3.68 m |
| Second Level | Dining Room | 3.39 m | 1.83 m | 3.39 m x 1.83 m |
| Third Level | Bathroom | 1.55 m | 2.2 m | 1.55 m x 2.2 m |
| Third Level | Bedroom | 3.45 m | 3.11 m | 3.45 m x 3.11 m |
| Third Level | Bedroom | 5.04 m | 2.6 m | 5.04 m x 2.6 m |
| Main Level | Bathroom | 1.67 m | 2.9 m | 1.67 m x 2.9 m |
| Main Level | Bedroom | 3.42 m | 2.89 m | 3.42 m x 2.89 m |
| Main Level | Bedroom | 4.53 m | 2.58 m | 4.53 m x 2.58 m |
| Main Level | Kitchen | 3.9 m | 2.89 m | 3.9 m x 2.89 m |
| Main Level | Recreational, Games Room | 7.65 m | 3.15 m | 7.65 m x 3.15 m |
| Main Level | Other | 4.79 m | 2.38 m | 4.79 m x 2.38 m |
| Main Level | Utility Room | 3.37 m | 2.63 m | 3.37 m x 2.63 m |
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