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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.
City: Prince Edward County
Neighborhood: Picton Ward

| Purchase Price | $1199000 |
| Down Payment | $239800 |
| Mortgage Insurance | $0 |
| Total Mortgage | $959200 |
| Mortgage Payment | $5911 |
| Property Taxes | $517 |
| Maintenance Fees | $0 |
| Monthly Payment | $6428 |
Located at 47 King St , this Prince Edward County house is available for sale. This property was listed for $1,199,000 on Thu Nov 06 2025. This house's size is 3500-5000 Sqft. It has 9 bedrooms and 7 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 6 parking spots. 47 King St, Prince Edward County is situated in the Picton Ward neighbourhood.
MLS#: X12515902 · $1,199,000 · 9 bedroom house in Picton Ward, Prince Edward County