47 King Street, Prince Edward County — For Sale in Prince Edward County
9 bed · 7 bath · Multiplex for sale in Prince Edward County.
47 King Street, Prince Edward County, ON K0K 2T0
About This Property
Now for sale at 47 King Street in Prince Edward County: a 9-bedroom, 7-bathroom multiplex listed at $1,025,000.
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 Specifications
| MLS® Number | X13207660 |
|---|---|
| Status | For Sale |
| List Price | $1,025,000 |
| Property Type | Residential Freehold |
| Sub Type | Multiplex |
| Transaction Type | For Sale |
| Bedrooms | 9 |
| Bathrooms | 7 |
| Parking | 6 spaces |
| Address | 47 King Street, Prince Edward County, ON K0K 2T0 |
| City | Prince Edward County |
| Postal Code | K0K 2T0 |
Listing Contracted With: Century 21 Lanthorn Real Estate Ltd.
