$1,199,000

47 King Street, Prince Edward County (picton Ward), Ontario

9

Beds

7

Baths

3,500

Square feet

X12193077

MLS® Number

145

Days on Website

$25,999

Price Change

For Sale

Listing Type

$1,199,000 | Picton Ward Prince Edward County (picton Ward) Other for Sale at 47 King Street Prince Edward County (picton Ward)

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 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 are available upon request. A solid addition to any investment portfolio in a fast-growing area. (id:6289)

Financial and Mortgage

List Price $1,199,000
Previous Price $1,224,999
Price Reduction $25,999
Monthly Payment $5,000/month
Get Prequalified
Days on Website 145
Price per square foot $343

47 King Street Details

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Construction and Lot

Square Footage 3,500
Bedrooms 9
Bathrooms 7.00
Parking Spaces 6
Parking Detached Garage, Garage
# of Garages 2
Has Basement No
Foundation Block, Stone
Cooling None
Heating Natural gas Forced air
Exterior Vinyl siding
# of Stories 3
Features Carpet Free

Exterior of 47 King Street

Type Multi-family
Amenities Beach, Golf Nearby, Hospital, Schools
Features Carpet Free

Interior

Appliances Water Heater
Fireplace Yes

Measurements

Square Footage 3,500

Picton Ward Information

About Picton Ward in Prince Edward County (picton Ward)

Address 47 King Street
Subdivision Picton Ward
City Prince Edward County (picton Ward)
Province Ontario
Postal Code K0K2T0
Amenities Beach, Golf Nearby, Hospital, Schools
Features Carpet Free
Office/Brokerage CENTURY 21 LANTHORN REAL ESTATE LTD.

About Condo Complex

Amenities Community Centre
Community Features Community Centre

Picton Ward Map, Demographics, Characteristics

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See 47 King Street and other Picton Ward homes for sale! Call 1 (866) 255-9555 to book a viewing of MLS® #X12193077 47 King Street in Picton Ward, Prince Edward County (picton Ward) Ontario, or fill out the form below. Looking for more Picton Ward homes for sale in Prince Edward County (picton Ward)? Our top Prince Edward County (picton Ward) real estate specialists are ready to help you buy or sell in the Picton Ward area. Contact us today!

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