$1,299,000
Available - For Sale
Listing ID: X9042579
47 King St , Prince Edward County, K0K 2T0, Ontario
| TURNKEY INVESTMENT OPPORTUNITY. Attention investors, this rare Seven-unit MULTIPLEX is ready for you to add to your portfolio. This property is essentially self-sufficient, with great tenants and fair market rent. 47 King St is a charming property with lovely gardens and wrought iron details. This 3 story, 5000+ square foot building holds three spacious 2-bedroom units and four 1-bedroom units, with rentable detached garage and surface parking for 5 cars. All units have hardwood floors, and have seen updates. The property can be accessed from the front and the back to all apartments, hallways are clean and tidy and carpets have recently been replaced. Lots of upside potential to increase rents as tenants turn over. This property is walkable to downtown Picton's main street with tons of shopping, restaurants, trails, grocery and so much more. Financials and unit photos available upon request. Come see why investing in Prince Edward County is a great opportunity! |
| Extras: Financials/Interior Photos available upon request. One unit currently vacant, with another coming available November 30, 2024. Great opportunity to renovate/increase rent. |
| Price | $1,299,000 |
| Taxes: | $6204.45 |
| Address: | 47 King St , Prince Edward County, K0K 2T0, Ontario |
| Lot Size: | 61.89 x 164.35 (Feet) |
| Directions/Cross Streets: | King St between Bowery and Elizabeth |
| Rooms: | 37 |
| Bedrooms: | 9 |
| Bedrooms +: | |
| Kitchens: | 7 |
| Family Room: | N |
| Basement: | Unfinished |
| Approximatly Age: | 100+ |
| Property Type: | Multiplex |
| Style: | 3-Storey |
| Exterior: | Vinyl Siding |
| Garage Type: | Detached |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 5 |
| Pool: | None |
| Approximatly Age: | 100+ |
| Approximatly Square Footage: | 5000+ |
| Property Features: | Beach, Golf, Hospital, Library, Rec Centre, School |
| Fireplace/Stove: | Y |
| Heat Source: | Gas |
| Heat Type: | Forced Air |
| Central Air Conditioning: | None |
| Sewers: | Sewers |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| CHESTNUT PARK REAL ESTATE LIMITED |
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|
Sherin M Justin, CPA CGA
Sales Representative
Dir:
647-231-8657
Bus:
905-239-9222
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Prince Edward County |
| Municipality: | Prince Edward County |
| Neighbourhood: | Picton |
| Style: | 3-Storey |
| Lot Size: | 61.89 x 164.35(Feet) |
| Approximate Age: | 100+ |
| Tax: | $6,204.45 |
| Beds: | 9 |
| Baths: | 7 |
| Fireplace: | Y |
| Pool: | None |
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