About 138 Chatham Street
What a great income property to add to your portfolio, or an ideal place for a parent buyer, sitting just north of Princess Street is this detached 6 bedroom duplex. The main unit consists of 5 bedrooms on 2 floors with 2 full bathrooms, a living room and a huge eat-in kitchen with fresh flooring, and the 2nd upper unit is set up as a bachelor apartment. Laundry on site that both units can access and both units separately metered. With the total gross income of $65,220, it nets $58,219 which means a cap rate of over 7%! The roof was replaced in 2023, with a high efficiency gas furnace and vinyl windows throughout. Never a problem renting this great money maker. Leased until April 2026.
Features of 138 Chatham Street
| MLS® # | X12408588 |
|---|---|
| Price | $799,900 |
| Bedrooms | 5 |
| Bathrooms | 3.00 |
| Square Footage | 1,500 |
| Acres | 0.00 |
| Type | Residential Freehold |
| Sub-Type | Duplex |
| Style | 2-Storey |
| Status | Active |
Community Information
| Address | 138 Chatham Street |
|---|---|
| Area | Frontenac |
| Subdivision | 22 - East of Sir John A. Blvd |
| City | Kingston |
| Province | ON |
| Postal Code | K7K 4H4 |
Amenities
| Parking Spaces | 2 |
|---|---|
| Garages | None |
| Is Waterfront | No |
| Pool | None |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | None |
| Fireplace | No |
| Basement | Full, Unfinished |
Exterior
| Exterior | Vinyl Siding |
|---|
Listing Details
| Office | ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE |
|---|