166 Queen Street

About This Property

Ideal investment opportunity TRIPLEX in downtown Kingston with a mix of commercial and residential. Home includes a vibrant, registered with the city, bed and breakfast Airbnb that comes turn key and has potential income of $30,000.00. The bed and breakfast encompasses the second and third floor of the building and includes 2 full washrooms a gorgeous living area with 17 foot ceilings and skylights, a full kitchen and laundry facilities and a massive 3d floor master bedroom with its own air conditioning heat pump. The main floor office space has its own entrance and includes a back door entrance onto a 700 sf interlocking patio that has a feature limestone wall and provides a very private oasis from the hustle and bustle of the city. This area has a waiting area with a glass wall feature, and two adjoining offices and a two piece bath. This area is also totally separate from the main home but could be easily incorporated into the main home by opening up a door in the main entrance way which was drywalled over to create the office. Estimated income from this area could be $24,000, or if you wish to work from home, as many are doing today, this could be the perfect location to keep home and work life separate in one handy downtown location. Lower level with its own separate rear entrance is a funky bachelor apartment that has a full kitchen and a four piece bathroom with a potential income of $18,000. Work from home, or use it as a full investment property. In any case it is up to you. With it's versatility for the modern life style, and it's charm and grace it would be easy to make this home your own. ALL UTILITIES (HEAT, OIL, ELECTRIC, WATER AVERAGE 379.00 PER MONTH) AND INSURANCE IS $173 PER MONTH. POTENTIAL INCOME $6,000.00 PER MONTH TAXES, UTILITIES AND INSURANCE $1,653 PER MONTH NET $4347.00 PER MONTH