47 King Street
Picton Ward, Prince Edward County, K0K 2T0
For Sale
12.49 BTC

➧
➧





9
BEDROOMS7
BATHROOMS7
KITCHENS37
ROOMSX12003211
MLSIDContact 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.
Call
Property Features
Beach, Golf, Hospital, Library, Rec./Commun.Centre, School, Carpet Free, Water Heater Owned, Private
Call
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
Call
Listing contracted with Chestnut Park Real Estate Limited
Call

