10 Beds 6 Bath

31 Montgomery Boulevard, Kingston, ON K7M 3N7

Kingston K7M 3N7 Ontario

MLS: X12720036

$1,195,000

Added 3 days ago | For Sale

Listed by: AXON REAL ESTATE BROKERAGE INC.

About Property

Solid 6-unit apartment investment located on prestigious Montgomery Boulevard in Kingston's sought-after Reddendale neighbourhood. This well-positioned multi-residential asset benefits from immediate access to public transit and is just steps to nearby parks, walking trails, and Lake Ontario waterfront. The property currently grosses $107,336.64 annually, with upside to be realized through tenant turnover.The building is efficiently configured, features a durable metal roof, has had recent large capital investment and is electrically heated, helping reduce maintenance and operational complexity. Situated in a stable, low-vacancy neighbourhood with strong rental demand, 31 Montgomery Boulevard represents an excellent opportunity for investors seeking a turn-key income property with future value-add potential in one of Kingston's most desirable residential corridors. Currently professionally managed by Axon Property Management.

Features

  • House Style:Multiplex
  • Bathrooms:6
  • Land Size: 70 X 150
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Electric
  • Cross Street:Front Road and Montgomery Blvd
  • Basement:Apartment , Apartment
  • Possession Date:
  • Annual Property taxes: $7506
  • Bedrooms:10
  • Total Parking Spaces:6
  • Parking Places:6
  • Heating Type:Baseboard
  • Pool Type:None
  • Exterior:
  • Direction Facing:West
  • Front Footage:
  • Listing ID:X12720036

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