47 KING STREET Active

Prince Edward County (picton),ON K0K2T0

$ 1299000

9 Beds

7 Baths

4999 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

State 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

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