$1,299,000
FOR SALE

Multiplex

Bedrooms: 9Bathrooms: 7Lot: 61.83 x 164.33 ft

47 King Street
Prince Edward County (Picton), ON K0K 2T0

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! (id:47421)
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Listed By CHESTNUT PARK REAL ESTATE LIMITED
Data Provided By Central Lakes Association of REALTORS®
MLS® Listing Number X9042579
Last Updated Oct 07, 2024
Property Summary
Property Type Multiplex

More like this:
Community Picton
Price History

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Detailed Information
Bedrooms 9
Bathrooms 7
Lot 61.83 x 164.33 ft
Amenities Nearby Beach, Hospital, Schools
Community Features Community Centre
Features Carpet Free
Listing Contract Date 2024-07-17
Location Description King St between Bowery and Elizabeth
# of Parking Spaces 6
Property Type Multi-family
Transaction Type For sale
Zoning Description R3
Building
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
Type Other
Utility Water Municipal water
Parking Spaces
Name Spaces
Detached Garage
Land
Total Size 61.9 x 164.4 FT
Amenities Beach, Hospital, Schools
Sewer Sanitary sewer
Size of Irregular Land 61.9 x 164.4 FT

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