9
Bedrooms
7
Bathrooms
5,000 sqft
Living Area
6
Parking
About This Property
This 9-bedroom, 7-bathroom multi-family in Prince Edward County offers 5,000 sqft of living area. 3 storeys. The property has lot dimensions of 61.9 x 164.4 FT. The home features forced air, natural gas heating, a unfinished basement, a fireplace.
MLS Remarks
BEING SOLD AS A POWER OF SALE: Projected cap rate ABOVE 6%. Rare opportunity to own a tenanted, 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 private surface parking spaces. The building is 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. Projected financials are available upon request. A solid addition to any investment portfolio in a fast-growing area. (id:60351)
Inclusions
Fridge, Stove
Property History
MLS# X12767110| Date | Event | MLS# | Price | Change |
|---|---|---|---|---|
| Jul 17, 2024 | Listed For Sale | X12767110 | $1,025,000 | — |
MLS data tracked by our system. Earlier records or land registry transfers may not be shown.
Overview
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