



Listed By CENTURY 21 Lanthorn Real Estate Ltd. Brokerage
The Multi Family Home for Sale located at 47 KING STREET, Prince Edward County, Ontario K0K 2T0, Canada is currently for sale. 47 KING STREET, Prince Edward County, Ontario K0K 2T0, Canada is listed for $858,022. This property has 9 bedrooms, 7 bathrooms.
$858,022 USD
CA$1,199,000 CAD
Multi Family Home for Sale, 47 KING STREET, Prince Edward County, Ontario K0K 2T0, Canada
- MLS#X12515902
- Bedrooms9
- Bathrooms7
Property features
Property
- Location: Neighborhood
Construction
- Exterior: Vinyl Siding
Bedrooms
- Bedrooms: 9
Bathrooms
- Total bathrooms: 7
Heating and Cooling
- Heating system: Forced Air
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.
Location
47 KING STREET, Prince Edward County, Ontario K0K 2T0, Canada