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Max Ortoli

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$ 1,275,000

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87-89 Hatter ST Kingston, ON K7M 2L6

8 Beds

6 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision 18 - Central City West

MLS Listing ID X12080521

Style 2-Storey

Bedrooms 8

Annual Tax Amount $6,120

Tax Year 2024

Property Sub-Type Duplex

Property Description

Situated in the Portsmouth neighbourhood, this legal duplex is an incredible investment opportunity and a perfect addition to your investment portfolio. 89 Hatter was beautifully renovated in 2023 with new flooring on the first and second levels. The bright kitchen boasts modern white cabinets and stainless steel appliances. The second floor features three bedrooms and a full bathroom. The lower level has a laundry room and a full bathroom. There are two additional rooms on the lower level that are not currently used and have the potential to bring in supplementary income. With a little TLC, these rooms could be rented individually as bedrooms or together as a bedroom and den with a private bathroom.The main floor and lower levels at 87 Hatter share the main floor living room and kitchen. The main floor has a bedroom with en suite bathroom. The lower level has three rooms and a full bathroom. The large bedroom is rented separately and the smaller bedroom is leased alongside the den, however, the den could also be rented as a separate bedroom.The second level at 87 Hatter has a separate unit with kitchen, living room, bedroom and bathroom. This is a self-contained unit but has access to the laundry room.The property has two storage areas and a fenced yard with six total parking spaces. Three spaces are currently included for 89 Hatter and the three spaces for 87 Hatter are rented for $50 each (only 2 rented now). The large lot affords the opportunity to add additional parking for increased revenue. Located in a great central neighbourhood, this property is walking distance to Queens University West Campus and Main Campus, St Lawrence College and the waterfront.Both 87 and 89 Hatter come furnished, which is a great enticement for tenants. Income for 2024 was $6,400/month or $76,800 per year with the potential to generate additional income. This property also affords you the great opportunity to live in one unit and lease the second to help pay your expenses.

Location

State ON

County Frontenac

Community 18 - Central City West

Area Frontenac

Zoning UR6

Rooms

Family Room No

Basement Finished

Kitchen 3

Separate Den/Office 3

Interior

Interior Features Storage, Carpet Free

Cooling Central Air

Inclusions 3 Refrigerators, 3 Stoves, 2 Dishwashers, 2 Microwaves, I Microwave/Range Hood, 2 Range Hoods, Curtain Rods and Drapes, Seven Beds, 4 Sofas, plus many more furnishings, kitchen wares and decor. Please contact Listing Agent for an itemized list.

Exterior

Parking Features Private

Pool None

Roof Type Asphalt Shingle

Lot Frontage 101.58

Lot Depth 67.9

Total Parking Spaces 6

Building

Foundation Block

Others

Senior Community No

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Listed by CHESTNUT PARK REAL ESTATE LTD., BROKERAGE

Max Ortoli

+1(416) 398-1111

Max Ortoli

87-89 Hatter ST Kingston, ON K7M 2L6

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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87-89 Hatter ST