Size
-
Lot size
945.01 sqm
Street frontage
N
Possession
TBD
Price per sqm
-
Taxes
$6,204.45 (2024)
Parking Type
Detached Garage
Style
3-Storey
See what's nearby
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!
EXTRAS:
EXTRAS:
Broker: CHESTNUT PARK REAL ESTATE LIMITED
MLS®#: X9042579
Property details
Parking:
6
Parking type:
Detached Garage
Property type:
Multiplex
Heating type:
Forced Air
Style:
3-Storey
MLS Size:
+465 sqm
Lot front:
18.9 M
Lot depth:
49.99 M
Listed on:
Jul 18, 2024
Show all details
Instant estimate:
orto view instant estimate
$88,590
lower than listed pricei
High
$1,288,174
Mid
$1,210,410
Low
$1,177,482
