546 Johnson St

Discover an exceptional investment opportunity in the heart of Kingston, perfectly tailored for student housing. This property boasts eight separate bedrooms, potential for nine. The first unit features four bedrooms: two on the main level and two on the lower level. The lower level has been recently renovated down to the studs. This unit features a bathroom on each level, and laundry facilities and a kitchen on the main level. The second unit offers two bedrooms, a bathroom and a kitchen, with the flexibility to convert the living room into a third bedroom to maximize rental potential. This unit comes equipped with separate laundry and a kitchen. The 3rd floor features 2 bedrooms and a bathroom. Currently tenanted by eight students, it is located just a short walk from Queens University Campus, making it a sought-after choice for student renters. This home is only a short distance to downtown Kingston, where residents can enjoy a wide range of amenities, including grocery stores, entertainment venues, shopping, and cafes. This property represents a rare opportunity to own a turn-key investment in a prime location with strong rental demand. 5 students will be vacating by April 30, 2025, so this is a great chance to set your own rent prices. Don't miss the chance to add this exceptional asset to your portfolio. (id:54626)