47 KING STREET

Prince Edward County (Picton Ward), , K0K2T0, Canada

$1,199,000

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.

EXTRAS: Water Heater

Last updated on : Thursday 6th of November 2025 10:01:08 AM

ADDRESS

Street : 47 KING STREET

City : Prince Edward County (Picton Ward)

Country : Canada

Postal Code : K0K2T0

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PROPERTY SUMMARY

Property ID : X12515902

Building Type : Other

Property Type : Multi-family

Bedrooms : 9

Bathrooms : 7

Parking : 6

Parking Type: Detached Garage, Garage

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