51 days on market
$1,274,999
For Sale

47 King St

Picton, Prince Edward County

9+null Bed|7 Bath|Yes|51 days on market

$1,274,999

Buy with Dwelly and Save $12,750

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Home Details

Taxes
$518 / month
Total Parking Spots
6
Driveway
Private
Garage Spaces
1
Furnished
No
Lot Size
61.89 x 164.35 Feet
Move-in Date
TBD
Building Age
100+ Years
Hydro Included
No
Heating
Forced Air
Water Included
No
Family Room
Yes
Basement
Unfinished
Fireplace
Y
Air Conditioning
None
Central Vaccum
No
Exterior
Vinyl Siding
Zoning
R3
Sewer
Sewers
Property Type
Multiplex
Style
3-Storey
Status
New
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Listing 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, 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.

Property History

or to view this property's history
Listing DateDOMList PriceSold PriceEventMLS ID
Jan 10, 202554$1,299,000N/ATerminatedX11916860
Jul 17, 2024147$1,299,000N/AExpiredX9042579

Rooms

Room dimensions for 47 King St, Prince Edward County
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Market Trends and Insights

Mortgage Calculator

Your estimated monthly payment for 47 King St is 6803

Price

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Ammortization

Down Payment

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Total Mortgage


Purchase Price$1274999
Down Payment$255000
Mortgage Insurance$0
Total Mortgage$1019999

Monthly Payment


Mortgage Payment$6285
Property Taxes$517
Maintenance Fees$0
Monthly Payment$6803
$6803
monthly

About 47 King St, Prince Edward County

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