47 KING STREET, Prince Edward County (picton Ward), ON K0K2T0

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Katie VanNes

katie@mostreferred.expert +1(604) 855-8228

$ 1,199,000

Est. payment | -/mo

9 Beds

7 Baths

3,500 SqFt

Save

$ 1,199,000

Est. payment | -/mo

Save

9 Beds

7 Baths

3,500 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,500 sqft

Price per Sqft $342

Subdivision Picton Ward

MLS® Listing ID X12515902

Bedrooms 9

Source Central Lakes Association of REALTORS®

Property Description

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:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Cooling None

Exterior

Parking Features Yes

Community Features Community Centre

View Y/N No

Total Parking Spaces 6

Private Pool No

Building

Story 3

Sewer Sanitary sewer

Listed by CENTURY 21 LANTHORN REAL ESTATE LTD.

"Unlock the door to your dream home with Katie, where professionalism meets passion in the world of real estate. We don't just sell properties; we curate lifestyles. Let us guide you through the doorway to exceptional living, turning houses into homes and dreams into addresses. Your key to a brighter future starts here – because home is where the heart is, and we're here to help you find yours. Trust [Your Name] for a seamless journey to your next chapter. Welcome home!"

+1(604) 855-8228

katie@mostreferred.expert

202-15388 24th Avenue, Surrey, V4A, 2J2, Canada

47 KING STREET Prince Edward County (picton Ward), ON K0K2T0