47 King Street

For Sale
12.49 BTC
47 King Street, Prince Edward County
47 King Street
47 King Street
47 King Street
47 King Street
47 King Street
9
BEDROOMS
7
BATHROOMS
7
KITCHENS
37
ROOMS
X12003211
MLSID
Contact Us
Property 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, 4700+ 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.
Property Features
Beach, Golf, Hospital, Library, Rec./Commun.Centre, School, Carpet Free, Water Heater Owned, Private
Property Details
Property Type
Multiplex
Lot Size
62' x 164'
Taxes
$6,204 (2024)
Basement
Unfinished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
5
Garage Type
Detached
Listing contracted with Chestnut Park Real Estate Limited
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