view of front facade featuring a front lawn and stone siding Features: balcony, lawn, fence More Photos

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    For Sale - 47 King Street, Prince Edward County, Ontario

    Est payment $4,922/mo
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    Time on Jump  54 day

    AI Summary *

    • Ten-unit multiplex with stable tenants and fair market rents.
    • Five spacious units with updated interiors and hardwood floors.
    • Additional income potential from a rentable detached garage.
    • Secure property with easy access to all units.
    • Great location near downtown Picton's shops and amenities.




    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 private surface parking spaces. The building is 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. Projected financials are available upon request. A solid addition to any investment portfolio in a fast-growing area.
    Listing IDX12767110
    Address47 King Street
    CityPrince Edward County, Ontario
    Price$1,025,000
    Bed / Bath9 / 7 Full
    Style3-Storey, Multiplex
    ConstructionVinyl Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features Carpet Free, Water Heater OwnedOutdoor Features Year Round LivingAmenities Beach, Golf, Hospital, Library, Rec./Commun.Centre, SchoolOwnership FreeholdBasement UnfinishedFoundation Concrete Block, StoneHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 6.00
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    Listing Agency:  CENTURY 21 LANTHORN REAL ESTATE LTD.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    47 King Street
    Prince Edward County , Ontario
    9 7 $1,025,000
    Get more info