$ 1,299,000
47 KING STREET Prince Edward County (picton), ON K0K2T0
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$ 1,299,000
Est. payment | /mo
9 Beds
7 Baths
4,999 SqFt
$ 1,299,000
Est. payment | /mo
9 Beds
7 Baths
4,999 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,999 sqft
Price per Sqft $259
Subdivision Picton
MLS® Listing ID X9042579
Bedrooms 9
Originating Board Central Lakes Association of REALTORS®
Property Description
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. (id:24570)
Location
Province ON
Interior
Heating Forced air
Exterior
Garage Yes
Community Features Community Centre
Waterfront No
View Y/N No
Total Parking Spaces 6
Private Pool No
Building
Story 3
Sewer Sanitary sewer
Listed by CHESTNUT PARK REAL ESTATE LIMITED
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Andy Katoch
Agent | License ID: LDKATOCAN