Real Estate Example
Independently Owned And Operated
40 - 1110 Finch Ave West , Toronto, ON
47 King Street
Picton Ward, Prince Edward County, ON, K0K 2T0
Power of Sale
Asking: $1,025,000
Days on market: 8
Style: Multiplex, 3-Storey
Bedroom(s): 9
Washroom(s): 7 (1x3xMain, 2x4xMain, 2x4xSecond, 2x3xThird)
Kitchen(s): 7
Approx. Sqft: 3500-5000
Cross St: King St between Bowery and Elizabeth
Lot size: 61.89 feet x 164.35 feet
Extra Information
Taxes: $6,204.45/2025
Room(s): 37
Basement: Unfinished
Drive: Private
Garage Space(s): Detached/1
Parking Space(s): 5
Fireplace/Stove: Y
Heating: Forced Air
CAC: None
Exterior: Vinyl Siding
Pool: None
Occupancy: Flexible
MLS#: X13207660
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.
Toggle icons below to view amenities nearby:
Banks
Bus stations
Gas stations
Groceries
Parks
Restaurants
Schools
Shops
Melissa & Kevin Murphy
Sales Representatives
Book a showing or get more information
Listed by Century 21 Lanthorn Real Estate Ltd.
NOTE: The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
NOTE: The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
