ON
Prince Edward County (Picton Ward)
K0K2T0
47 King Street
47 King Street, Prince Edward County (Picton Ward), ON K0K2T0
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Listing Type
Multi Family
Listing Status
active
4
$1,199,000

Home Details for 47 King Street

Price
$1,199,000
Type
Residential Income
Bedrooms
9
Bathrooms
7.0
Square feet
NaN
Parking
Detached
Days on site
103
Listing #
X12193077
Property Description

BEING SOLD AS A POWER OF SALE: Projected cap rate ABOVE 6%. Rare opportunity to own a tenanted, well-maintained seven-unit multiplex in Prince Edward County. Located at 47 King Street, this 5,000+ sq ft property features three 2-bedroom units and four 1-bedroom units, all with hardwood floors and updated interiors. Bonus income potential with a rentable detached garage and five surface parking spaces. The building is clean and secure, with dual front and rear access to all units. Tenants are stable and rents are at fair market rates.Set on a charming lot with mature gardens and wrought iron details, this property is just a short walk to downtown Picton's shops, restaurants, trails, and amenities.Financials available upon request. A solid addition to any investment portfolio in a fast-growing area. (id:31684)

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Parking
    • Detached
Listing Courtesy: CENTURY 21 LANTHORN REAL ESTATE LTD.
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EXIT REALTY GROUP, BROKERAGE
100 Bell Blvd. Suite 200, Belleville, ON K8P 4Y7
Office
613 966 9400
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