47 King St, Prince Edward County Picton
Cashback ~$12,738
$1,299,000

47 King St, Prince Edward County Picton

Multiplex
Property type
9
Bedrooms
7
Bathrooms
Picton
Community name

Property details

Status
Active
Square feet
5000
Building type
3-Storey
Roof
Asphalt Shingle
A/C
None
Heating
Forced Air
Foundation
Concrete Block,Stone
Pool
None
Lot size
61.89 X 164.35
Exterior
Beach
Construction
Vinyl Siding
Parking spaces
5
Garage spaces
1
Age
100
Updated on
2025-02-14, 6:11 p.m.
MLS® number
X11916860

Description

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. Currently fully tenanted.


$12,738 for this home
Justo provides you half of the agent’s commission on the sale.
Client Ambassador - Basma Ishaq

Here for your questions

Client Ambassador • Carolina Penuela
or call us at (315) 636-6522

Listed by: CHESTNUT PARK REAL ESTATE LIMITED

Note: All the listing related information herein is deemed reliable but not guaranteed accurate by TRREB®, CREB® or MLS®. It is from sources deemed reliable, but should not be relied upon without independent verification.