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$1,025,000

47 King Street

47 King Street
9 beds 7 baths Tenant

Property facts

Property type
Tenant
Bedrooms
9
Bathrooms
7
Parking
private
Taxes (as supplied)
2025

Only details supplied with this listing are shown. Ask the listing contact to confirm measurements, taxes and costs.

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.

Location

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Listing information

Added to Mirror

Added and updated dates describe the Mirror record. Source publication and verification dates are shown separately when known; none establishes time on market. Confirm current price and availability with the listing contact.

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