364 BROCK STREET

Kingston, ON K7L 1T1

An exceptional student housing investment in Kingston's University District, just a 3-minute walk to Queen's University and 2 minutes from the Hub entertainment district, with a grocery store and pharmacy within one block. This 8-bedroom home generates $9,400 per month ($112,800 annually). Tenants pay all utilities, and the current lease runs until April 30, 2027. The home features 2 kitchens, 2 living areas, 2 bathrooms and a 3rd floor primary Loft Suite. Originally designed as 2 separate units, it may offer the option to convert back (buyer to verify). Parking for 5 includes 3 tenant spaces plus 2 spaces rented separately at $100/month each. Their regular U-shaped lot adds possible future development potential. This is exactly where students want to live and investors want to own. (id:31684)

Listing courtesy of: RICHARD GALLAGHER of RE/MAX FINEST REALTY INC., BROKERAGE

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