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About the Listing 179025 -
What a great income property to add to your portfolio, or an ideal place for a parent buyer, sitting just north of Princess Street is this detached 6 bedroom duplex. The main unit consists of 5 bedrooms on 2 floors with 2 full bathrooms, a living room and a huge eat-in kitchen with fresh flooring, and the 2nd upper unit is set up as a bachelor apartment. Laundry on site that both units can access and both units separately metered. With the total gross income of $65,220, it nets $58,219 which means a cap rate of over 7%! The roof was replaced in 2023, with a high efficiency gas furnace and vinyl windows throughout. Never a problem renting this great money maker. Leased until April 2026.
Listing Highlights for 138 Chatham St
Status
Active
Days on Site
48
Property Type
Multi-Family
MLS ®
X12408588
Year Built
Total Square Footage
1,500
Lot/Acreage
N/A
Interior Details
- Bedrooms: 6
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Full,Unfinished
- Other: Separate Hydro Meter,Water Heater Owned
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof: Shingles
- Others: Porch,Year Round Living
- Sewer: Sewer
- Parking Features: Front Yard Parking
Financial Details
- Tax Amount: $4,935
- Taxes w/Assessments: N/A
- Tax/Property ID: 360700132
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Years
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Listing Location
Questions About..
138 Chatham St Kingston, ON K7K 4H4
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