$ 1,299,000
47 King ST Prince Edward County, ON K0K 2T0
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$ 1,299,000
Est. payment /mo
Price Dropped by $96K
47 King ST Prince Edward County, ON K0K 2T0
9 Beds
7 Baths
UPDATED:
10/07/2024 05:23 PM
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
MLS Listing ID X9042579
Style 3-Storey
Bedrooms 9
Annual Tax Amount $6,204
Tax Year 2024
Property Description
TURNKEY INVESTMENT OPPORTUNITY. Attention investors, this rare Seven-unit MULTIPLEX is ready for you right in the heart of Picton. This property is currently fully tenanted with great tenants and fair market rent. One unit will be available for new tenants. 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, parks, grocery and so much more. Financials and unit photos available upon request. Come see why investing in Prince Edward County is a great opportunity!
Location
State ON
County Prince Edward County
Area Picton
Rooms
Family Room No
Basement Unfinished
Kitchen 7
Interior
Interior Features Carpet Free, Water Heater Owned
Cooling None
Fireplace Yes
Heat Source Gas
Exterior
Garage Private
Garage Spaces 5.0
Pool None
Waterfront No
Roof Type Asphalt Shingle
Parking Type Detached
Total Parking Spaces 6
Building
Unit Features Beach,Golf,Hospital,Library,Rec./Commun.Centre,School
Foundation Concrete Block, Stone
Listed by CHESTNUT PARK REAL ESTATE LIMITED