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$ 1,299,000
Est. payment | /mo
9 Beds
7 Baths
$ 1,299,000
Est. payment | /mo
9 Beds
7 Baths
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
Subdivision Picton
MLS Listing ID X11916860
Style 3-Storey
Bedrooms 9
Annual Tax Amount $6,204
Tax Year 2024
Property Sub-Type Multiplex
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. Currently fully tenanted.
Location
Province ON
County Prince Edward County
Community Picton
Area Prince Edward County
Rooms
Family Room No
Basement Unfinished
Kitchen 7
Interior
Interior Features Carpet Free, Water Heater Owned
Cooling None
Fireplace Yes
Heat Source Gas
Exterior
Parking Features Private
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 61.89
Lot Depth 164.35
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