ONCE IN A LIFETIME INVESTMENT OPPORTUNITY! The perfect blend of commercial and residential real estate. These 3 impeccably maintained properties are fully rented and located just 5 minutes from Princeton in the picturesque downtown Kingston with its newly reinvented dining scene. This property will provide income, depreciation, equity, appreciation and leverage. This property includes a restaurant and an adjoining mixed-use building, a 4-unit apartment building and the private 24-spot parking lot that joins them. Yes, 3 of the most centrally located buildings situated around the largest parking area in town - an investor’s dream scenario! The thriving market/restaurant is renovated with casual, industrial flair. Durable wood-look tile runs all the way through the fully-equipped kitchen with walk-in cooler and storage. Next door, alfresco seating under a pergola spreads out in front of a charming building with a full apartment upstairs and the opportunity for private dining or meeting space below. Both levels are beautifully maintained and stylishly up-to-date. A rear patio and deck offer even more outdoor space. There is plenty of easy parking for restaurant patrons, employees and tenants of the separate apartment building. All 4 occupied units have similarly sized interiors with 2 bedrooms and their own laundry. Granite, modern cabinetry and wood-grain tile are attractive features. The rear unit is especially desirable thanks to a large, fenced-in patio. Income will be coming in from day one with these rented/leased buildings!
Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 4th June, 2023 11:13 AM (UTC)