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.
Address
2559-2573 Kepler Road
List Price
$1,249,900
Property Type
Residential Freehold
Type of Dwelling
Multiplex
Style of Home
Bungalow
Area
Kingston
Sub-Area
44 - City North of 401
County
Frontenac
Bedrooms
17
Bathrooms
8
Floor Area
5000 + Sq. Ft.
Lot Size Source
MPAC
Lot Shape
Irregular
Lot Irregularities
Property is 177 ft wider in South half.
Lot Size Range (Acres)
25 - 49.99
Lot Size Units
Feet
Lot Width
237.79
Approx. Age
51 - 99 Years
MLS® Number
X12041932
Listing Brokerage
EXP REALTY, BROKERAGE
Basement Area
Half, Unfinished
Postal Code
K0H 1M0
Parking
Private
Parking Places (Total)
24
Tax Amount
$8,994.58
Tax Year
2024
Exterior Features
Porch
Interior Features
Carpet Free, Separate Hydro Meter, Water Heater Owned, Water Purifier, Water Softener, Water Treatment
Heat Source
Electric
Heat Type
Baseboard
Cooling Features
None
Construction Materials
Vinyl Siding, Wood
Direction Faces
South
Foundation Details
Block
Garage Type
None
Kitchens Total
8
Other Structures
None
Pool Features
None
Roof
Shingles
Security Features
Smoke Detector
Water Source
Drilled Well
View Type
Meadow, Pasture, Trees/Woods
Sewer
Septic
