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Residential Income For Sale

2.17 Acre - 354/356/366 Lincoln Street, Kingston Ns B0p 1r0

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Property 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.

Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 202424824
Price : C$5525000
Bedrooms : 66
Year Built : 1990
Lot Area : 2.17 Acre
Status : Active
Listing Status : ACTIVE
Property Sub Type : Multi Family
Roof : Asphalt
Features
Heating System : Baseboard
Basement : Finished
Parking : Paved, Parking Spaces(s)
Utilities : Electricity Connected
Sewer : Municipal
Laundry Features : Laundry
Flooring : Carpet, Vinyl, Tile, Other
Exterior Features : Balcony
Appliances
Appliances : Dishwasher, Dryer, Refrigerator, Washer, Stove
Address Map
Location Text : 354/356/366 Lincoln Street, Kingston Ns B0p 1r0
County : Kings
City : Kingston
Postal Code : B0P 1R0
Street : Lincoln
Street Number : 354/356/366
Street Suffix : Street
Longitude : W65° 2' 22.6''
Latitude : N44° 59' 11.9''
Directions : NS-101 W, Exit 17E, to Maple Street, Pine Ridge to Lincoln Street.
Mls Area Major : Kings County
Zoning : R4
Neighborhood
Middle School : Pine Ridge Middle School
High School : West Kings District High School
Elementary School : Kingston & District School
Property Details
Price Per SQFT : C$0
Search Price : C$0
Office Name : MacKay Real Estate Ltd.
Agent Name : Margaret Mackay
Sales History
Previous Price : C$0
Original Price : C$0
Selling Price : C$0
Neighborhood Details
:
Additional Information
Water Source : Drilled Well
Number Of Units Total : 34
Lot Features : 1 to 2.99 Acres
Foundation Details : Concrete Perimeter, Slab
Construction Materials : Vinyl Siding, Masonite/Colour Lock
Community Features : Park, Playground, Golf, Shopping
Listing Information
Co List Agent Full Name : John Mackay
Co List Agent Mls Id : N5982
Co List Office Mls Id : N1412
Co List Office Name : MacKay Real Estate Ltd.
List Agent Mls Id : N17399
List Office Mls Id : N1412
Mls Status : ACTIVE
Modification Timestamp : 2024-10-17T21:53:43Z
Originating System Name : NSAR
Residential Income For Sale
  • Listing ID : 202424824
  • Bedrooms : 66
  • Lot Area : 2.17 Acre
  • Visits : 44 in 42 days
C$5525000
Agent info
Cowan-Smith Team
128 Chain Lake Drive
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