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87-89 Hatter Street Image 1

$1,275,000

Apr 14Duplex For Sale
bedrooms8bed
washrooms5bath
MLS - #X12080521

87-89 Hatter Street, Kingston, ON K7M 2L6

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Average Price
127500000.0%
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Price Comparison

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Property Description

Property type

Duplex

Lot size

< .50 acres

Style

2-Storey

Approx. Area

N/A

Room Information

Room TypeDimension (length x width)FeaturesLevel
Living Room6.95 x 3.44 mN/AMain
Kitchen3.97 x 3.27 mN/AMain
Bathroom1.08 x 1.51 m2 Pc BathMain
Bedroom3.44 x 3.45 mN/ASecond

About 87-89 Hatter Street

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.

Home Overview

Last updated

Apr 14

Virtual tour

None

Basement information

Finished

Building size

--

Status

In-Active

Property sub type

Duplex

Maintenance fee

$N/A

Year built

2024

Listed by CHESTNUT PARK REAL ESTATE LTD., BROKERAGE

Additional Details

Basement:Finished
Cooling:Central Air
Heating:Forced Air
Parking Features:Private

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

Location

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