Attention Investors! Purpose-built in 2024, this fully leased fourplex in central Prescott delivers turnkey income, low maintenance, and the ease of self-management. Each modern 2-bed/1-bath suite features open-concept living, durable vinyl flooring, stainless steel appliances (incl. dishwasher), in-unit laundry, and efficient hot-water boiler heating (heat included; tenants pay hydro, water & sewer). Annual rent: $93,480; NOI: $81,617.32; cap rate at asking: ~7%. Gravel parking for 6. Steps to downtown amenities and minutes to Hwy 401 and the St. Lawrence stable tenants, strong returns, and a great location. (id:47421)
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Detailed Information
Bedrooms
8
Bathrooms
4
Lot
50 x 118 ft
Listing Contract Date
2025-09-15
Location Description
Cross Streets: Dibble. ** Directions: From Highway 401 take Edward St south, turn right onto Dibble St W. Turn right onto West St.
# of Parking Spaces
6
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
Residential - R3
Building
Age
0 to 5 years
Amenities
Separate Electricity Meters
Appliances
Dishwasher, Dryer, Hood Fan, Water Heater, Microwave, Stove, Washer, Refrigerator
Architectural Style
Bungalow
Basement Type
None
Cooling Type
Wall unit
Exterior Finish
Vinyl siding, Brick Veneer
Foundation Type
Concrete
Heating Fuel
Natural gas
Stories Total
1
Type
Fourplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
No Garage
Land
Total Size
50 x 118 FT
Sewer
Sanitary sewer
Size of Irregular Land
50 x 118 FT
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