ON > Prince Edward County > Picton
Prince Edward County, ON K0K 2T0,47 King ST
Prince Edward County, ON K0K 2T0,47 King ST
Prince Edward County, ON K0K 2T0,47 King ST
Prince Edward County, ON K0K 2T0,47 King ST
Prince Edward County, ON K0K 2T0,47 King ST
Prince Edward County, ON K0K 2T0,47 King ST
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Mahesh Khatri

Mahesh Khatri

+1(416) 464-6568
$ 1,299,000
Est. payment | /mo

9 Beds

7 Baths

Save
$ 1,299,000
Est. payment | /mo
Save

9 Beds

7 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

Subdivision Picton

MLS Listing ID X11916860

Style 3-Storey

Bedrooms 9

Annual Tax Amount $6,204

Tax Year 2024

Property Sub-Type Multiplex

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, 5000+ 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.

Location

Province ON

County Prince Edward County

Community Picton

Area Prince Edward County

Rooms

Family Room No

Basement Unfinished

Kitchen 7

Interior

Interior Features Carpet Free, Water Heater Owned

Cooling None

Fireplace Yes

Heat Source Gas

Exterior

Parking Features Private

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 61.89

Lot Depth 164.35

Total Parking Spaces 6

Building

Unit Features Beach,Golf,Hospital,Library,Rec./Commun.Centre,School

Foundation Concrete Block, Stone

Listed by CHESTNUT PARK REAL ESTATE LIMITED
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 464-6568

mkhatri.teammahesh@gmail.com

7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN

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47 King ST