For Sale

47 King Street, Prince Edward County (Picton), Ontario K0K2T0

$1,299,000

47 King Street, Prince Edward County (Picton), Ontario K0K2T0 is For Sale and has a listing price of 1,299,000. The property is located in the Prince Edward County neighbourhood. It's been on the website for 128 Days.

  • Multi-family
    Property Type
  • Other
    Building Type
  • 9
    Bedrooms
  • 7
    Bathrooms
  • Detached Garage
    Parking
  • 6
    Parking Spaces
  • MLS ID: X9042579
  • Office Name CHESTNUT PARK REAL ESTATE LIMITED,CHESTNUT PARK RE
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. One unit currently vacant, with another coming available November 30, 2024. Great opportunity to renovate/increase rent. (id:43137)

Property Details
  • Bedrooms: 9
  • MLS ID: X9042579
  • Bathrooms: 7
  • Price: $1,299,000
  • Transaction Types: For Sale
  • Ref ID: 27181895
  • Year Built: N/A
  • Building Type: Other
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
07/17/2024 X9042579 $1,299,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Prince Edward County
  • $873,963 Average List Price
    based on 1 year
  • 123 New Listings
    based on 30 days
  • 111 Median Days on Market
    based on 1 year
  • List vs. Selling Price 141.23 % Up
  • Sold (12mo) 282
  • Rented (12mo) 63

  • 1 Month Change -9.9%
  • 3 Month Change -9.9%
  • 6 Month Change +16.4%
Walkscore
Property Type Distribution
  • All Houses
    74.57%
  • Commercial
    17.98%
  • Condo
    4.15%
  • Land for Sale
    3.3%
Additional Details
  • Sewers Sanitary Sewer
  • Heat Source Natural Gas
  • Basement2 N/a (unfinished)
  • Heating System Forced Air
  • Water Municipal Water
  • Exterior Vinyl Siding
  • Total Parking Spaces: 6
  • Property Features Carpet Free
  • Fireplace True
  • Parking Detached Garage
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 17/07/2024 00:00:00
  • Zoning R1 1
  • Agent Name: JENNA ASH DEMILLE,Faye Moxam
  • Last Updated: 13/11/2024 17:30:18
Open House Dates
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