Property Information:
Located just a short walk from Queens University downtown Kingston, 135 Nelson Street presents a prime opportunity to own a fully leased, turnkey student rental in one of Kingston's most sought-after investment areas. This five-bedroom, one-and-a-half-bath home is currently rented at $850 per room, with all tenants in place until April 2026 and an option to renew. The property has been a consistently strong-performing investment and has undergone a full facelift since purchase, including a rebuilt back deck, new front wooden steps, a fresh cement walkway, and an attic insulation top-up for improved efficiency. The home feels bright and airy, and has been a pleasure to lease out. The natural gas furnace was serviced last fall, and the roof was replaced in 2019. Another standout feature is the huge backyard - rare for the area - offering extra space for outdoor enjoyment or potential future use. The home also includes three parking spots, on-site laundry in the basement, and comes fully furnished, including a recently updated fridge and stove. With reliable second-year student tenants, strong rental income, and minimal upkeep required, this is a truly hands-off investment in the heart of Kingston's university district. (id:27)
Building Features:
-
Style:
Detached
-
Building Type:
House
-
Basement Development:
Unfinished
-
Basement Type:
N/A
-
Construction Style - Attachment:
Detached
-
Exterior Finish:
Vinyl siding
-
Floor Space:
1500 - 2000 sqft
-
Foundation Type:
Stone
-
Heating Type:
Forced air
-
Heating Fuel:
Natural gas
-
Cooling Type:
None
-
Appliances:
