47 King Street Prince Edward County, Ontario K0K 2T0
$1,299,000
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:51737)
Property Details
| MLS® Number | X9042579 |
| Property Type | Multi-family |
| Community Name | Picton |
| AmenitiesNearBy | Beach, Hospital, Schools |
| CommunityFeatures | Community Centre |
| Features | Carpet Free |
| ParkingSpaceTotal | 6 |
Building
| BathroomTotal | 7 |
| BedroomsAboveGround | 9 |
| BedroomsTotal | 9 |
| Appliances | Water Heater |
| BasementDevelopment | Unfinished |
| BasementType | N/a (unfinished) |
| ExteriorFinish | Vinyl Siding |
| FireplacePresent | Yes |
| FoundationType | Block, Stone |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 3 |
| SizeInterior | 4999.958 - 99999.6672 Sqft |
| Type | Other |
| UtilityWater | Municipal Water |
Parking
| Detached Garage |
Land
| Acreage | No |
| LandAmenities | Beach, Hospital, Schools |
| Sewer | Sanitary Sewer |
| SizeDepth | 164 Ft ,4 In |
| SizeFrontage | 61 Ft ,10 In |
| SizeIrregular | 61.9 X 164.4 Ft |
| SizeTotalText | 61.9 X 164.4 Ft |
| ZoningDescription | R3 |
https://www.realtor.ca/real-estate/27181895/47-king-street-prince-edward-county-picton-picton
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November 13 2024 05:30:18
Durham Region Association of REALTORS®
Chestnut Park Real Estate Limited