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119 days on Market

47 King St, Prince Edward County, Ontario K0K 2T0

$1,299,000
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Townhouse
9
7
~5000+ sqft

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Highlights

Estimated ValueNot available

Price/Sqft$130/sqft

Est. Mortgage$5,579/mo

Tax Amount (2024)$6,204/yr

Days On Market119 days


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!


Property Details

Style3-Storey
View-
Age of property100+
SqFt~5000+ SqFt
Lot Size10,171 SqFt(164.35 x 61.89)
Parking Spaces6
MLS ®NumberX9042579
Community NamePicton
Data SourceTRREB

Features

Heating: Forced Air
Fireplace
Basement: Unfinished

Features

Lot size: 10,171 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 5

Total parking spaces 6


Property History

Now
ListedFor Salefor$1,299,000Active
119 days on market
Listing by trreb®
history photo preview27
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Property listed by CHESTNUT PARK REAL ESTATE LIMITED, Brokerage
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