354/356/366 Lincoln Street, Kingston, (MLS® 202424824) RE/MAX nova
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354/356/366 Lincoln Street, Kingston

0 0 0 sqft
$5,525,000 For Sale

Description

This well-maintained, 3-building, apartment complex offers a solid investment opportunity. Featuring 2 one-bedroom units and 32 two-bedroom units, each apartment is separately metered with tenants responsible for their own electric heating. The two front buildings are 3-storey structured with 12 units each, while the rear building, constructed in 2011, has 10 units on two levels. With 7 annual leases and 27 term leases, the property boasts a stable and mature tenant base. Located near CFB Greenwood, the largest employer in the region and a popular destination for retired military personnel, the complex enjoys proximity to a variety of commercial amenities and activities. This prime location, combined with the property's excellent condition, makes it an ideal investment in a stable and growing community.

Listing Details

Address
354/356/366 Lincoln Street, Kingston, B0P 1R0

Status
ACTIVE
Listing Price
$5,525,000
MLS®
202424824
Type
n/a
Style
---
Age
34
PID
55085708

Water
Drilled Well
Sewer
Municipal
Utilities
---

Building Specifications

Foundation Type
Concrete,Slab
Roof
Asphalt Shingle
Exterior Finish
Masonite/Colour Lock,Vinyl
Flooring
Carpet,Tile,Vinyl,Other

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Garage & Parking

Garage
N
Details
---

Inclusions & Exclusions

Inclusions
34 stoves, 10 dishwasher, 14 dyers, 14 washer, 34 fridges

Sales History

Demographic Data

Demographic data is based on the dissemination area that contains the listing parcel . Dissemination Areas are small areas composed of one or more neighbouring dissemination blocks. All of Canada is divided into dissemination areas. Data source: Environics Analytics via ArcGIS Online, 2021

Population Size

388

Median Age

55.8

Avg Household Size

2.0

Avg House Income

$57K

The number of people for each age range.

How the population of this area is expected to change.

The highest level of education obtained by people within this area.

The maritial status of the people in this area.

The average household income within this area.

The number of people that rent versus own.

When the buildings in the area were constructed.

The number of children at home for the given age ranges.

The occupations of the people living here.

Tax Assessment

Year Amount % Change
2024 $2,181,100 ---
2023 $1,791,600 ---
2022 $1,670,100 ---
2021 $1,760,500 ---
2020 $1,994,900 ---
2019 $1,604,400 ---
2018 $1,605,000 ---
2017 $1,579,100 ---
2016 $1,500,000 ---
2015 $1,476,700 ---
2014 $1,474,400 ---
2013 $875,100 ---
2012 $1,538,200 ---

Maps

Mortgage Inquiries

Last Updated On: 10/17/2024 7:28:25 PM (UTC)