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$1,274,999
Available - For Sale
Listing ID: X12003211
TURNKEY INVESTMENT OPPORTUNITY. Attention investors, this rare Seven-unit MULTIPLEX is ready for you to add to your portfolio. This property is essentially self-sufficient, with great tenants and fair market rent. 47 King St is a charming property with lovely gardens and wrought iron details. This 3 story, 4700+ 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, trails, 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** Financials/Interior Photos available upon request. Currently fully tenanted.
Price $1,274,999
Taxes: $6,204.45
Address: 47 King St , Prince Edward County, K0K 2T0, Ontario
Lot Size: 61.89 x 164.35 (Feet)
Directions/Cross Streets: King St between Bowery and Elizabeth
Rooms: 37
Bedrooms: 9
Washrooms: 7
Kitchens: 7
Family Room: N
Basement: Unfinished
No. of Pieces Level
Washroom 1:  3 Main
Washroom 2:  4 Main
Washroom 3:  4 2nd
Washroom 4:  3 3rd
Property Type: Multiplex
Style: 3-Storey
Exterior: Vinyl Siding
Garage Type: Detached
(Parking/)Drive: Private
Drive Parking Spaces: 5
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 3500-5000
Property Features: Beach
Golf
Hospital
Library
Rec Centre
School
Fireplace/Stove: Y
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Sewers: Sewers
Water: Municipal
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CHESTNUT PARK REAL ESTATE LIMITED

47 King St , Prince Edward County, K0K 2T0, Ontario

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Multiplex
Area: Prince Edward County
Municipality: Prince Edward County
Neighbourhood: Picton
Style: 3-Storey
Lot Size: 61.89 x 164.35(Feet)
Approximate Age: 100+
Tax: $6,204.45
Maintenance Fee: $0
Beds: 9
Baths: 7
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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