Kingston K7L 1S2 Ontario
MLS: X12476911
Added 14 hours ago | For Sale
Listed by: ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
A rare Kingston heritage treasure with exceptional income potential. Nestled in the vibrant heart of Kingston, this beautifully preserved limestone heritage property, dating back to 1850, offers a blend of charm and lucrative investment opportunity. Comprising two buildings sold together as one parcel, this versatile property boasts character alongside modern income streams.153 Brock Street features a duplex with a fully furnished 3-bedroom main floor unit, currently leased until April 30th, and a spacious 6-bedroom unit that is presently set up as an Airbnb - providing a flexible income option, whether for long-term tenants or short-term guests. Next door at 155 Brock St is a 2-story limestone comprised of 6 bedrooms and 2 baths. Fully rented till April 2026. Both buildings showcase authentic heritage details, including striking exposed brick and limestone walls, which add undeniable character and appeal. Situated directly across from the hospital in downtown Kingston, this property offers unmatched convenience-with nearby shops, restaurants, entertainment venues, and a bus stop right at the front door-making it highly attractive for tenants and visitors alike. With four parking spaces, the property combines historic charm with practicality. Currently, it generates a remarkable annual income of nearly $185,000, with a cap rate of 5% with significant potential to enhance profitability and increase the cap rate. Whether you're an investor seeking a high-yield property or a forward-thinking buyer eager to own a piece of Kingston's storied history, this opportunity is truly exceptional. Don't miss your chance to acquire a property that seamlessly merges character with outstanding financial returns. Upgrades: 2018 - new heating, electrical and plumbing systems. 2023-fully furnished, keypads on all bedroom doors.
| Level | Type | Features | Dimensions |
|---|---|---|---|
| Ground | Primary Bedroom | 10 ft, 2 in x 13 ft, 7 in | |
| Bedroom | 12 ft, 9 in x 9 ft, 5 in | ||
| Bedroom | 10 ft, 5 in x 12 ft, 11 in | ||
| Bedroom | 10 ft, 4 in x 13 ft, 8 in | ||
| Kitchen | 12 ft, 8 in x 13 ft, 8 in | ||
| Living Room | 13 ft, 1 in x 10 ft | ||
| Bathroom | 3 Pc Bath | 8 ft, 2 in x 7 ft, 5 in | |
| Second | Bedroom | 15 ft, 6 in x 10 ft, 4 in | |
| Bedroom | 9 ft, 6 in x 10 ft, 9 in | ||
| Bedroom | 8 ft, 4 in x 13 ft, 7 in | ||
| Bedroom | 8 ft, 11 in x 13 ft, 7 in | ||
| Bathroom | 3 Pc Bath | 4 ft, 2 in x 10 ft, 11 in | |
| Third | Bedroom | 13 ft, 3 in x 13 ft, 3 in | |
| Bathroom | 4 Pc Bath | 11 ft, 5 in x 4 ft, 8 in | |
| Living Room | 12 ft, 4 in x 13 ft | ||
| Kitchen | 12 ft, 9 in x 15 ft, 1 in |
No property rooms available.
