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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, 4700+ 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.
City: Prince Edward County
Neighborhood: Picton
Purchase Price | $1274999 |
Down Payment | $255000 |
Mortgage Insurance | $0 |
Total Mortgage | $1019999 |
Mortgage Payment | $6285 |
Property Taxes | $517 |
Maintenance Fees | $0 |
Monthly Payment | $6803 |
Located at 47 King St , this Prince Edward County house is available for sale. This property was listed for $1,274,999 on Wed Mar 05 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 neighbourhood.
MLS#: X12003211 · $1,274,999 · 9 bedroom house in Picton, Prince Edward County