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47 King St

King StPrince Edward CountyON, K0K 2T0

9
Beds
7
Baths
5,000
Sq. Ft.
$1,299,000
List Price
47 King St, Prince Edward County, ON - 1 of 3
47 King St, Prince Edward County, ON - 2 of 3
47 King St, Prince Edward County, ON - 3 of 3
44 days on market

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... Show More

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. Currently fully tenanted.

Property Details

Size

5,000 sq. ft.
9 Beds
9 Above Grade
7 Baths

Parking

6 Parking Spaces
-

Lot

Size
61′10″ * 164′4″
Acres
-

Build

Year Built
1925
Model Name
-
Basement
Unfinished
Exterior
Vinyl Siding
Foundation
Concrete Block, Stone
Builder Name
-
Stories
-
Flooring
-
Roof
Asphalt Shingle

Heating & Cooling

Heating
Forced Air
Cooling
None

Utilities

Water
-
Sewer
Sewer
SHOW LESS

Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2024-01-01
Property Tax Amount
$6,204.45

Source

Listing Brokerage

MLS® Listing
X11916860
Last Updated
February 10, 2025
Brokerage
CHESTNUT PARK REAL ESTATE LIMITED
Call us 800-591-0566

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