Log in Sign up
CAD1,025,000
47 King Street
Prince Edward County
9 beds 7 baths Tenant

About this home

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.

Property facts

Property type
Tenant
Bedrooms
9
Bathrooms
7
Days on market
37 days

Location

Map unavailable
Approximate location · exact address shared on inquiry

Similar homes nearby

690 Weese Road, Prince Edward County, ON, K0K 1L0
For Sale
CAD2,950,000
690 Weese Road, Prince Edward County, ON, K0K 1L0
6 bd 6 ba Detached
Prince Edward County
Listed by HARVEY KALLES REAL ESTATE LTD
2307 County Rd 3 N/a, Prince Edward County, ON, K0K 1L0
For Sale
CAD549,900
2307 County Rd 3 N/a, Prince Edward County, ON, K0K 1L0
3 bd 1 ba Detached
Prince Edward County
Listed by ROYAL LEPAGE PROALLIANCE REALTY
32 Barker Street, Prince Edward County, ON, K0K 2T0
For Sale
CAD799,900
32 Barker Street, Prince Edward County, ON, K0K 2T0
3 bd 3 ba Detached
Prince Edward County
Listed by CHESTNUT PARK REAL ESTATE LIMITED
Next To 2451 County Road 15 N/a, Prince Edward County, ON, K0K 2T0
For Sale
CAD229,000
Next To 2451 County Road 15 N/a, Prince Edward County, ON, K0K 2T0
Studio Vacant Land
Prince Edward County
Listed by CHESTNUT PARK REAL ESTATE LIMITED
N/A South Big Island N/a, Prince Edward County, ON, K0K 1W0
For Sale
CAD399,000
N/A South Big Island N/a, Prince Edward County, ON, K0K 1W0
Studio Vacant Land
Prince Edward County
Listed by RE/MAX QUINTE LTD
132 Hiscock Shores Road, Prince Edward County, ON, K0K 1L0
For Sale
CAD1,250,000
132 Hiscock Shores Road, Prince Edward County, ON, K0K 1L0
5 bd 4 ba Detached
Prince Edward County
Listed by RE/MAX QUINTE LTD
911-913 County Road 13 N/a, Prince Edward County, ON, K0K 2P0
For Sale
CAD1,295,000
911-913 County Road 13 N/a, Prince Edward County, ON, K0K 2P0
Studio Industrial
Prince Edward County
Listed by RE/MAX QUINTE LTD
59 Maple Street, Prince Edward County, ON, K0K 3L0
For Sale
CAD949,000
59 Maple Street, Prince Edward County, ON, K0K 3L0
3 bd 2 ba Detached
Prince Edward County
Listed by CHESTNUT PARK REAL ESTATE LIMITED
CAD1,025,000
9 bd · 7 ba
Contact agent
Listed by agent
Contact this agent
Log in Sign up