$ 1,199,000
-
$1,199,000
Price -
9
Bed -
7
Bath -
3,500
SqFt
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About the Listing 437202 -
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.
Listing Highlights for 47 King St
Status
Active
Days on Site
99
Property Type
Multi-Family
MLS ®
X12193077
Year Built
Total Square Footage
3,500
Lot/Acreage
N/A
Interior Details
- Bedrooms: 9
- Bathrooms: 7 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished
- Other: Carpet Free,Water Heater Owned
- Water:
Exterior Details
- Garage Capacity: 1 car
- Roof: Asphalt Shingle
- Others: Year Round Living
- Sewer: Sewer
- Parking Features: Private,Detached
Financial Details
- Tax Amount: $6,204
- Taxes w/Assessments: N/A
- Tax/Property ID: 550620040
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
47 King St Prince Edward County, ON K0K 2T0
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