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
354/356/366 Lincoln Street, Kingston, B0P 1R0
ACTIVE
$5,525,000
202424824
n/a
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34
55085708
Drilled Well
Municipal
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Building Specifications
Concrete,Slab
Asphalt Shingle
Masonite/Colour Lock,Vinyl
Carpet,Tile,Vinyl,Other