Size
-
Lot size
10171 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$205 - $293
Taxes
$6,204.45 (2025)
Parking Type
-
Style
3-Storey
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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.
Broker: CENTURY 21 LANTHORN REAL ESTATE LTD.
MLS®#: X12767110
Property details
Parking:
6
Parking type:
-
Property type:
Multiplex
Heating type:
Forced Air
Style:
3-Storey
MLS Size:
3500-5000 sqft
Lot front:
61 Ft
Lot depth:
164 Ft
Listed on:
Feb 6, 2026
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Instant estimate:
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$91,665
lower than listed pricei
High
$993,298
Mid
$933,335
Low
$907,945
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