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47 King Street, Prince Edward County (Picton Ward), ON K0K2T0
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$1,199,000
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Home Details for 47 King Street
Price
$1,199,000
Type
Multi Family
Bedrooms
9
Total Bathrooms
7
Parking
Detached
Listing #
X12193077
On exitrealty.com
156 days
Property Description
BEING SOLD AS A POWER OF SALE: Projected cap rate ABOVE 6%. Rare opportunity to own a tenanted, well-maintained 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 surface parking spaces. The building is clean and 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.Financials available upon request. A solid addition to any investment portfolio in a fast-growing area. (id:31684)
- Heating Information
- Forced Air
- Natural Gas
- Parking
- Detached
Listing Courtesy: CENTURY 21 LANTHORN REAL ESTATE LTD.
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$1,199,000
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