Ball Real Estate Inc
Jayne Porter

Jayne Porter

Sales Representative
Cell: 416-435-2005
Office: 705-660-2255
MLS®: X12515902 Status: For sale

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$1,199,000
Location:

47 King Street, Prince Edward County (picton Ward) Ontario, K0K2T0

47 King Street, Prince Edward County (picton Ward) Ontario
Description:
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. (id:2471)
Property:
Type: Multi-family
Lot Dimensions: 61.9 x 164.4 FTAcreage: 61.9 x 164.4 FT
Sewer: Sanitary sewerWater: Municipal water
Parking Type: Detached Garage, Garage
Structure:
Style: OtherSquare Footage: 3500 - 5000 sqft
Bedrooms: 9Bathrooms: 7
Heating: Forced air
Heating Type: Natural gas
Cooling Type: None
Exterior: Vinyl siding
Foundation Type: Block, Stone
Fireplace: Yes
Features:
Carpet Free Community Centre   
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47 King Street, Prince Edward County (picton Ward) Ontario

BALL Real Estate Inc., Brokerage - Norwood

Jayne Porter
Sales Representative

Email Me

Telephone:
705-660-2255

Cellular:
416-435-2005


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