47 KING STREET

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

$1,299,000

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, 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, 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. One unit currently vacant, with another coming available November 30, 2024. Great opportunity to renovate/increase rent.

EXTRAS: Carpet Free

Last updated on : Wednesday 13th of November 2024 12:30:18 PM

ADDRESS

Street : 47 KING STREET

City : Prince Edward County (Picton)

Province : Ontario

Country : Canada

Postal Code : K0K2T0

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PROPERTY SUMMARY

Property ID : X9042579

Building Type : Other

Property Type : Multi-family

Bedrooms : 9

Bathrooms : 7

Parking : 6

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