47 King St

For Sale 96 Days
$1,224,999 $26K
$1,199,000
9 beds
7 baths

47 King St

For Sale 96 Days
$1,224,999 $26K
$1,199,000
9 beds
7 baths

Highlights

Key insights

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:55581)

Elyse Gallagher of CENTURY 21 LANTHORN REAL ESTATE LTD.,
#X12193077
updated 1 month ago.
Houseful checked MLS® for data 1 month ago.

Home overview

Amenities / Utilities
  • Heat source
    Natural gas
  • Heat type
    Forced air
  • Sewer/ septic
    Sanitary sewer
Exterior
  • # total stories
    3
  • # parking spaces
    6
  • Has garage (y/n)
    Yes
Interior
  • # full baths
    7
  • # total bathrooms
    7.0
  • # of above grade bedrooms
    9
Location
  • Community features
    Community centre
  • Subdivision
    Picton ward
  • Directions
    1433587
Overview
  • Lot size (acres)
    0.0
  • Listing #
    X12193077
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28409408/47-king-street-prince-edward-county-picton-ward-picton-ward
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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