$1,299,000
FOR SALE

Multiplex 3-Storey

Bedrooms: 9Bathrooms: 7Lot: 61.89 x 164.35 ft
2024 Taxes: $6,204.45

47 King St
Prince Edward County, ON K0K 2T0 | Picton | Prince Edward

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!
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Listed By CHESTNUT PARK REAL ESTATE LIMITED
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9042579
Last Updated Oct 07, 2024
Property Summary
Property Type Multiplex

More like this:
PIN 550620040
Legal Description LT 372 PL 24 PICTON; PRINCE EDWARD
Possession Date TBD
Taxes (2024) $6,204.45
Directions/Cross Streets King St between Bowery and Elizabeth
Neighbourhood Picton
Area Prince Edward
Price History

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Detailed Information
Fronting On N
Property Features Beach, Golf, Hospital, Library, Rec Centre, School
Special Designations Unknown
Bedrooms 9
Bathrooms 7
Rooms 37
Kitchens 7
Lot 61.89 x 164.35 ft
Approximate Square Footage 5000+
Approximate Age 100+
Exterior Vinyl Siding
Air Conditioning None
Family Room N
Fireplace/Stove Y
Pool None
Basement Unfinished
Drive Private
Garage Spaces 1.0
Garage Type Detached
Parking Spaces 5
Total Parking Spaces 6.0
Heat Source Gas
Heat Type Forced Air
Sewers Sewers
Water Municipal
Zoning R3
Seller Property Info Statement N
Bathrooms
Pieces Level
3Main
4Main
42nd
33rd

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