A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 47 King St, Prince Edward County Ontario K0K 2T0
5 days on Market

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

Townhouse
9
7
~5000+ sqft
$1,299,000
Get pre-approvedPowered by Rocket Mortgage
Townhouse
9
7
~5000+ sqft

Contact us about this property

Call

Highlights

Estimated ValueNot available

Price/Sqft$130/sqft

Est. Mortgage$5,579/mo

Tax Amount (2024)$6,204/yr

Days On Market5 days


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!


Property Details

Style3-Storey
View-
Age of property100+
SqFt~5000+ SqFt
Lot Size10,171 SqFt(164.35 x 61.89)
Parking Spaces6
MLS ®NumberX11916860
Community NamePicton
Data SourceTRREB
Listing byCHESTNUT PARK REAL ESTATE LIMITED

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

Jan 10, 2025
ListedActive
$1,299,000
5 days on market
history photo preview27
Listing by trreb®
Property listed by CHESTNUT PARK REAL ESTATE LIMITED, Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Population and Demographics

Overview

Total population 3452
Average household income $105,652

Age (%)

65 and plus
36%
50 to 64
22%
35 to 49
14%
20 to 34
14%
0 to 19
14%

Household composition (%)

Single family
53%
Single person
43%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
96%
Others
2%
French
1%

House tenancy (%)

Owners
55%
Renters
45%

Schools and amenities

Estimated Budget