ON > Kingston (central City West) > 18 - Central City West
Kingston (central City West), ON K7M2L6,87-89 HATTER STREET
Kingston (central City West), ON K7M2L6,87-89 HATTER STREET
Kingston (central City West), ON K7M2L6,87-89 HATTER STREET
Kingston (central City West), ON K7M2L6,87-89 HATTER STREET
Kingston (central City West), ON K7M2L6,87-89 HATTER STREET
Kingston (central City West), ON K7M2L6,87-89 HATTER STREET
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Nick Palumbo

Nick Palumbo

+1(613) 869-6632
$ 1,275,000
Est. payment | /mo

8 Beds

6 Baths

2,000 SqFt

Save Virtual Tour
$ 1,275,000
Est. payment | /mo
Save Virtual Tour

8 Beds

6 Baths

2,000 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $637

Subdivision 18 - Central City West

MLS® Listing ID X12080521

Bedrooms 8

Half Baths 1

Originating Board Kingston & Area Real Estate Association

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. (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Second level 3.43 m X 3.42 m Living room

Extra Room 2 Second level 2.24 m X 3.97 m Kitchen

Extra Room 3 Second level 3.43 m X 3.44 m Bedroom

Extra Room 4 Second level 2.25 m X 1.78 m Bathroom

Extra Room 5 Second level 3.44 m X 3.45 m Bedroom

Extra Room 6 Second level 3.42 m X 3.47 m Bedroom 2

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 6

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

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Nick Palumbo

Agent | License ID: 5043946

+1(613) 869-6632

343 Preston St 11th Floor, Ottawa, ON

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87-89 HATTER STREET