130 James St

Investment Property offers a two-story well-maintained duplex in downtown Kingston. Owned as a lucrative rental property for over 20 years—gross $33,000 (2023), taxes $4,228.81 (2023). Tenants pay utilities. Both apartments include two bedrooms, one full bathroom, spacious living, kitchen and dining rooms and a washer/dryer. Both apartments have electric baseboards, with the main floor apartment enhanced with a cozy natural gas fireplace. The apartments were rented over the years as non-smoking and both furnished/unfurnished, mainly to Queen’s/RMC graduate or professional students or working professionals. Lower apartment is currently unoccupied allowing a new owner flexibility. Most recent renovations—windows 2016-2019, metal roof 2018, lower apartment bathroom and flooring 2024, shed roof 2024, newly painted 2024. Large deep lot allows for parking three vehicles, development, or enjoyment of a beautiful mature back yard. This turnkey property is a few minutes walk to downtown amenities, the waterfront and public transit. An excellent opportunity for investors, first-time buyers or downsizers. Don’t miss this opportunity! (id:54626)