47 King Street Prince Edward County, Ontario K0K 2T0

9 Bedroom 7 Bathroom 5,000 - 100,000 ft2
Fireplace Forced Air

$1,299,000

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! **** EXTRAS **** Financials/Interior Photos available upon request. Currently fully tenanted. (id:35492)

Property Details

MLS® Number X11916860
Property Type Multi-family
Community Name Picton
Amenities Near By Beach, Hospital, Schools
Community Features Community Centre
Features Carpet Free
Parking Space Total 6

Building

Bathroom Total 7
Bedrooms Above Ground 9
Bedrooms Total 9
Appliances Water Heater
Basement Development Unfinished
Basement Type N/a (unfinished)
Exterior Finish Vinyl Siding
Fireplace Present Yes
Foundation Type Block, Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Size Interior 5,000 - 100,000 Ft2
Type Other
Utility Water Municipal Water

Parking

Detached Garage

Land

Acreage No
Land Amenities Beach, Hospital, Schools
Sewer Sanitary Sewer
Size Depth 164 Ft ,4 In
Size Frontage 61 Ft ,10 In
Size Irregular 61.9 X 164.4 Ft
Size Total Text 61.9 X 164.4 Ft
Zoning Description R3

https://www.realtor.ca/real-estate/27787676/47-king-street-prince-edward-county-picton-picton

Contact Us

Contact us for more information

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Jenna Ash Demille
Salesperson

(647) 205-7383
jennaashdemille.com/
www.facebook.com/thisjennaash

Chestnut Park Real Estate Limited

(613) 471-1708
(613) 471-1886

Faye Moxam
Salesperson

(613) 438-3133
www.fayemoxam.com/
www.linkedin.com/in/faye-moxam-98a5b07/

Chestnut Park Real Estate Limited

(613) 471-1708
(613) 471-1886

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